ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvents
More
Bakkt Holdings filed Form S-3 with the US Securities and Exchange Commission on 26 June 2025 to raise up to $1 billion for its ambitious new Bitcoin strategy.  Originally launched in 2018 by Intercontinental Exchange as a pioneer in Bitcoin futures, Bakkt is set to transform into a “pure-play crypto infrastructure company,” according to Bakkt.. The post Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion appeared first on 99Bitcoins .Bakkt Holdings filed Form S-3 with the US Securities and Exchange Commission on 26 June 2025 to raise up to $1 billion for its ambitious new Bitcoin strategy.  Originally launched in 2018 by Intercontinental Exchange as a pioneer in Bitcoin futures, Bakkt is set to transform into a “pure-play crypto infrastructure company,” according to Bakkt.. The post Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion appeared first on 99Bitcoins .

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

Author: 99BitcoinsSource: 99Bitcoins
2025/06/27 23:49
2 min read
PlaysOut
PLAY$0.09459-9.77%
FORM
FORM$0.2538+3.12%

Bakkt Holdings filed Form S-3 with the US Securities and Exchange Commission on 26 June 2025 to raise up to $1 billion for its ambitious new Bitcoin strategy. 

Originally launched in 2018 by Intercontinental Exchange as a pioneer in Bitcoin futures, Bakkt is set to transform into a “pure-play crypto infrastructure company,” according 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 company stated in the filing. “We may acquire Bitcoin or other digital assets using excess.”

At the current Bitcoin price of $106,800, a $1 billion investment would allow Bakkt to acquire approximately 9,364 Bitcoin. This would place Bakkt just ahead of Coinbase in terms of public companies holding BTC.

Bakkt will now join the ranks of notable institutional holders such as Strategy, Marathon Digital, and Tesla.

Explore: Top 20 Crypto to Buy in June 2025

“Shelf registration” Allows Bakkt Maximum Flexibility To Capitalize On Bitcoin and Crypto Opportunities

Under the terms of the SEC’s “shelf registration,” Bakkt is authorised to issue common stock, preferred stock, debt securities or warrants, giving it maximum flexibility to raise funds in stages as market conditions dictate. This approach will enable Bakkt to capitalize on opportunities in the crypto market without being forced to raise the full $1 billion all at once.

Hence, Bakkt’s fresh funds can be used for a variety of purposes, including direct Bitcoin purchases, crypto treasury plans, or other corporate needs. While Bakkt has not yet made any BTC purchases yet, the filing clearly sets the stage for the company to become a major institutional holder of Bitcoin and other digital assets.

Explore: 9+ Best High-Risk, High-Reward Crypto to Buy in June 2025

 

The post Bakkt’s Bitcoin Strategy: Company Files With SEC To Raise $1 Billion appeared first on 99Bitcoins.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump MAGA statue has strange crypto backstory

Trump MAGA statue has strange crypto backstory

The post Trump MAGA statue has strange crypto backstory appeared on BitcoinEthereumNews.com. A 15-foot-tall statue of former President Donald Trump, cast in bronze
Share
BitcoinEthereumNews2026/02/04 08:22
ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments

ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments

The post ABC Also Pulled Jimmy Kimmel’s Predecessor After Controversial Comments appeared on BitcoinEthereumNews.com. Jimmy Kimmel (Photo by Media Access Awards Presented By Easterseals/Getty Images for Easterseals) Getty Images for Easterseals The shock decision by ABC to pull Jimmy Kimmel Live! “indefinitely” after the late-night host’s remarks about the killing of Charlie Kirk has created a rare moment in modern TV media: A major show abruptly taken off the air, with its network forced into crisis-management mode. Rare, that is, but not unprecedented. What might go unnoticed by many people reacting to the news about Kimmel and his potential cancellation is that this is not the first time ABC has made such a move. In fact, a version of the same thing happened to Kimmel’s predecessor program — Bill Maher’s Politically Incorrect, which once had Kimmel’s slot and which ABC cancelled in the wake of a firestorm around comments Maher made in the immediate aftermath of the September 11 terrorist attacks. (Notice, by the way, that I said cancelled “in the wake of” and not “because of.” More on that in a moment.) Here’s what happened: Less than a week after 9/11, Maher and a panel were talking about then-President George W. Bush’s use of the word “cowards” to describe the hijackers. “We have been the cowards,” Maher interjected, referencing the practice of “lobbing cruise missiles from 2,000 miles away. That’s cowardly.” But Maher then went even farther over the line: Actually staying in an airplane as it hits a building? “Not cowardly.” You can read more about the ensuing uproar in this ABC news story from 2001, which includes a statement that Maher issued through his publicist: “In no way was I intending to say, nor have I ever thought, that the men and women who defend our nation in uniform are anything but courageous and valiant, and I offer my apologies to…
Share
BitcoinEthereumNews2025/09/18 11:02
The real-life inspiration for the protagonist of "The Big Short": Bitcoin crash may trigger a $1 billion gold and silver sell-off.

The real-life inspiration for the protagonist of "The Big Short": Bitcoin crash may trigger a $1 billion gold and silver sell-off.

PANews reported on February 4th that, according to CoinDesk, Michael Burry, the real-life inspiration for the character in "The Big Short" (and an investor who
Share
PANews2026/02/04 08:22