ExchangeDEX+

Buy Crypto Markets Spot Futures500X Earn Events

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

2025/06/27 23:49

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.

Market Opportunity

PlaysOut Price(PLAY)

$0.0329

$0.0329$0.0329

+0.70%

USD

PlaysOut (PLAY) Live Price Chart

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.