Thread by @ev_spacs

Time for a thread 🧵

$VIH we all know it’s the #1 trending stock on #fintwit @Twitter and @Stocktwits due to squeeze potential

But do you know what @Bakkt is or what they do ?

This is how it started from @BCalusinski and @gurgavin tweet 👇🏻

bakkt.com

https://twitter.com/gurgavin/status/1433484791354101773

2) $VIH the next great squeeze

What is @Bakkt?

Founded in 2018

Began as a #cryptocurrency exchange and has evolved into a digital ecosystem

2.1 billion valuation

207m #spac
325m pipe

Projected 9million users end of 2021, 31 million by 2025

Going live 2021

3) $VIH the next great squeeze

Who are they backed by ?
@Microsoft $MSFT
@BCG
@Starbucks $Sbux
@PayUCorp
@ICE_Markets $ICE owner of @Bakkt at 65%+ long term hold

4) $VIH the next great squeeze

@Bakkt competitive MOAT

Backing by @ICE_Markets providing credibility globally

Trade at a discount to their peers yielding higher volume of transactions

Regulated platforms for trading, clearing, payments

5) $VIH the next great squeeze

How they will grow ?

Continue to increase customer base see above ⬆️

Improved technology

Increasing partnerships (@Apple @united @AmericanAir @Delta @SouthwestAir)

International expansion

Data monetization

6) $VIH the next great squeeze

How they make money ?

Payments - trading in points airline / bank / hotel for tradable cash

2% transaction for buying and selling conversion fee for #Crypto #btc

7) $VIH the next great squeeze

Financial outlook

2021 - 889 million
2022 - 3.03 billion
2023 - 4.68 billion
2024 - 5.7 billion
2025 - 6.59 billion

8) $VIH the next great squeeze

Since the merger was announced

The App has gone live

@Bakkt has partnered with @WyndhamRewards @BestBuy @DoorDash among others

Created a @Visa credit card

And this is just the beginning

9) $VIH the next great squeeze

@Bakkt is a promising company focusing on #Crypto which continues to rise. Recent articles boldly predict @Bitcoin $Btc #BTC could see prices from 250k+ and $eth @ethereum #Ethereum 40k + only adding to the fire 🔥

google.com/amp/s/dailyhod…

10) $VIH the next great squeeze

So as @gurgavin stated “A no risk” play he is 100% correct - this is a company I was watching anyway and this catalyst made me buy earlier than expected but in for the #squeeze #vih