Bakkt Holdings (BKKT) shares jumped 17% on Tuesday, extending a two-week rally that has seen the stock rise more than 170%. The surge followed Benchmark Company’s decision to more than triple its 12-month price target to $40. It marked the first time Bakkt crossed the $30 threshold since January, a sharp reversal for a company that had struggled below $10 for much of the year. Investors are betting that a combination of new leadership, treasury expansion, and streamlined operations can restore credibility to the digital asset platform.