Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion

Bakkt Holdings filed Kind S-3 with the US Securities and Alternate Fee on 26 June 2025 to boost as much as $1 billion for its bold new Bitcoin technique.

Initially launched in 2018 by Intercontinental Alternate as a pioneer in Bitcoin futures, Bakkt is about to rework right into a “pure-play crypto infrastructure company,” in response to Bakkt Co-CEO Akshay Naheta.

“In June 2025 we updated our investment policy to enable us to allocate capital into Bitcoin and other digital assets as part of our broader treasury and corporate strategy, subject to market conditions and the anticipated liquidity needs of the business,” the corporate said within the submitting. “We may acquire Bitcoin or other digital assets using excess.”

On the present Bitcoin worth of $106,800, a $1 billion funding would enable Bakkt to amass roughly 9,364 Bitcoin. This could place Bakkt simply forward of Coinbase by way of public corporations holding BTC.

Bakkt will now be part of the ranks of notable institutional holders corresponding to Strategy, Marathon Digital, and Tesla.

JUST IN: Bakkt (BKKT), a publicly listed firm, plans to boost $1B to put money into #Bitcoin and different digital property.
BTC shouldn’t be coming down anytime sooner pic.twitter.com/Vsv3QheOld

— TLC (@Cryptex_academy) June 27, 2025

Discover: Top 20 Crypto to Purchase in June 2025

“Shelf registration” Permits Bakkt Most Flexibility To Capitalize On Bitcoin and Crypto Alternatives

Underneath the phrases of the SEC’s “shelf registration,” Bakkt is authorised to difficulty widespread inventory, most well-liked inventory, debt securities or warrants, giving it most flexibility to boost funds in phases as market situations dictate. This strategy will allow Bakkt to capitalize on alternatives within the crypto market with out being pressured to boost the complete $1 billion suddenly.

Therefore, Bakkt’s recent funds can be utilized for a wide range of functions, together with direct Bitcoin purchases, crypto treasury plans, or different company wants. Whereas Bakkt has not but made any BTC purchases but, the submitting clearly units the stage for the corporate to turn into a serious institutional holder of Bitcoin and different digital property.

Discover: 9+ Finest Excessive-Danger, Excessive-Reward Crypto to Purchase in June 2025

Key Takeaways

If Bakkt absolutely realizes its $1 billion fundraising plan and acquires a major Bitcoin place, it may have ripple results all through the market.

Such a considerable funding by a publicly traded firm is greater than only a monetary maneuver—it’s a sturdy vote of confidence in Bitcoin’s long-term worth and utility.