Bakkt Holdings filed Form S-3 with the U.S. Securities and Exchange Commission on June 26, 2025, raising up to $1 billion for its ambitious new Bitcoin strategy.
Bakkt is set to transform into a “pure play infrastructure company” that Bakkt, launched by InterContinental Exchange in 2018 as a pioneer of Bitcoin Futures.
“In June 2025, we can update our investment policy to allocate capital to Bitcoin and other digital assets as part of our broader financial and corporate strategy, subject to market conditions and expected liquidity needs of our business,” the company said in its filing. “We may use excess to acquire Bitcoin or other digital assets.”
The current Bitcoin price is $106,800, and with a $1 billion investment, BAKKT is able to acquire around 9,364 Bitcoins. This would put Bakkt right in front of Coinbase from the perspective of public companies that own BTC.
Bakkt will participate in the ranks of well-known institutional owners such as Strategy, Marathon Digital, and Tesla.
Just In: 🇺🇸Bakkt (BKKT), a publicly available company. #bitcoin Other digital assets.
BTC is not off at any time pic.twitter.com/vsv3qheold– TLC (@cryptex_academy) June 27, 2025
Explore: Top 20 Cryptos to Buy in June 2025
With “Shelf Registration”, BAKKT allows maximum flexibility to take advantage of Bitcoin and crypto opportunities
Under the terms of the SEC’s “shelf registration” BAKKT is permitted to issue common stock, preferred stock, debt securities or warrants, giving you the maximum flexibility to raise funds in stages as market conditions direct them. This approach allows BAKKT to take advantage of crypto market opportunities without being forced to raise the full $1 billion dollars at once.
Therefore, Bakkt’s fresh funds can be used for a variety of purposes, such as direct Bitcoin purchases, cryptocurrency plans, or other corporate needs. Bakkt has not yet made the purchase of BTC, but the submission clearly sets the stage for the company to become the leading institutional owner of Bitcoin and other digital assets.
Explore: 9+ Best High Risk, High Reward Crypto Buy in June 2025
Key takeout
If Bakkt fully realizes its $1 billion funding plan and acquires a critical Bitcoin position, it could have ripple effects across the market.
Such a hefty investment by a publicly traded company is more than just a financial manipulation, a vote of strong confidence in the long-term value and utility of Bitcoin.
Why you can trust 99 Bitcoin?
Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.
90 hours+
Weekly research
100k+
Monthly Readers
50+
Expert Contributors
2000+
Crypto project reviewed
Follow 99 Bitcoin on Google News Feed
Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!
Subscribe now 
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
