The YouTuber suggests Bakkt Holdings as a buy, highlighting its cryptocurrency custody and trading platform targeting institutional traders. Despite being a new platform, it shows strong growth in trading volume and AUM, with significant revenue growth and a very low Enterprise Value to Revenue valuation. The company has a net cash balance sheet, providing time for growth despite current unprofitability.
“strong growth in its trading volume and AUM passing $1.2 billion in assets under custody last quarter that's helped it grow Revenue by 322 just since the previous quarter to $854 million with guidance for up to 5 billion for the full year”