Bakkt Files to Raise $1 Billion for Bitcoin and Crypto Treasury Push
- On June 26, 2025, Bakkt Holdings Inc. filed a Form S-3 shelf registration with the SEC to raise up to $1 billion in securities, including common and preferred stock.
- Earlier this month, Bakkt revised its investment policy to permit deploying funds into Bitcoin and other digital assets as part of its overall approach to managing treasury resources.
- The filing noted Bakkt has not yet purchased digital assets but may use proceeds from future offerings, excess cash, or debt financing to acquire cryptocurrencies subject to investment limits.
- Bakkt shares rose 3% to $13.33 on Thursday despite being down 46% year-to-date, after losing large clients Bank of America and Webull in March.
- This capital raise and shift toward crypto treasury management position Bakkt amid growing institutional interest in digital assets, though risks and timing depend on market and business conditions.
24 Articles
24 Articles
Bakkt Files to Raise $1 Billion for Bitcoin and Crypto Treasury Push
Bakkt Holdings has filed a shelf registration with the U.S. Securities and Exchange Commission (SEC) seeking approval to raise up to $1 billion through the sale of various securities. The move follows an updated investment policy, which allows Bakkt to allocate capital to bitcoin and other digital assets using proceeds from these offerings, excess cash, or debt issuance. The shelf registration provides Bakkt with the flexibility to issue these s…
Bakkt Files to Raise $1B Amid Bitcoin Pivot, Hints at Institutional Strategy
Key Insights: Bakkt files $1B shelf registration to explore Bitcoin treasury expansion. New policy enables direct crypto investments based on market conditions. Move positions Bakkt near Coinbase in potential corporate Bitcoin holdings. Bakkt eyes direct Bitcoin entry as it registers $1 billion securities offering. Filing signals shift toward crypto treasury adoption and jurisdictional flexibility. Bakkt Holdings Inc. has filed a shelf registra…
CoinStats - Bakkt Considers Bitcoin Buys After SEC Filing...
Bakkt Holdings, the digital asset platform owned by Intercontinental Exchange, is making headlines after filing a $1 billion shelf registration with the US Securities and Exchange Commission (SEC) — and signaling fresh ambitions for Bitcoin treasury exposure. In its Form S-3 filing, Bakkt detailed plans to potentially raise to $1 billion through a mix of […]
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