Bakkt Holdings filed the S-3 form with the US Securities and Exchange Commission on June 26, 2025 to collect up to $ 1 billion for its new ambitious Bitcoin strategy.
Originally launched in 2018 by Intercontinental Exchange as a pioneer in Bitcoin Futures, Bakkt should turn into a “pure cryptocurrency infrastructure company”, according to the co-event of Bakkt Akshay Naheta.
“In June 2025, we updated our investment policy to allow us to allocate capital to Bitcoin and other digital assets within the framework of our wider cash and business strategy, subject to the market conditions and the planned liquidity needs of the company,” said the company in the file. “We can acquire bitcoin or other digital assets using excess.”
At the cost of current Bitcoin of $ 106,800, an investment of $ 1 billion would allow Bakkt to acquire around 9,364 bitcoin. This would place Bakkt just in front of Coinbase in terms of public companies holding BTC.
Bakkt will now join the ranks of notable institutional holders such as Strategy, Digital Marathon and Tesla.
Just inside:
Bakkt (BKKT), a listed company, plans to raise $ 1 billion to invest #Bitcoin and other digital assets.
BTC does not descend earlierpic.twitter.com/vsv3qheold
– TLC (@cryptex_academy) June 27, 2025
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“Conservative of the preservative” allows maximum flexibility of Bakkt to capitalize on bitcoin and cryptography opportunities
Under the terms of the “registration of the shelves” of the dry, Bakkt is authorized to issue ordinary actions, privileged actions, debt securities or mandates, which gives it maximum flexibility to collect funds in stages as dictated by market conditions. This approach will allow Bakkt to capitalize on opportunities on the cryptography market without being forced to lift the total of $ 1 billion at a time.
Consequently, Bakkt fees can be used for various purposes, including direct Bitcoin purchases, cryptographic cash plans or other business needs. Although Bakkt has not yet made BTC purchases, the file clearly opens the land so that the company becomes a major institutional holder of Bitcoin and other digital assets.
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Main to remember
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If Bakkt fully achieves its fundraising plan of $ 1 billion and acquires a significant bitcoin position, it could have training effects throughout the market.
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Such a substantial investment on a listed company is more than a simple financial maneuver – it is a strong vote of trust in the long -term value and usefulness of Bitcoin.
The Bitcoin Strategy of Post Bakkt: Company files with dry to raise $ 1 billion appeared first on 99Bitcoins.