The US-listed company Bakkt plans to raise $1 billion, some of which may be used to invest in Bitcoin and other digital assets.

BlockBeats news, on June 27, according to a filing with the SEC by the US-listed company Bakkt Holdings, the company may from time to time issue securities in one or more issuances, with the amount, price, and terms to be determined at the time of issuance, with the total issuance price of the securities not exceeding 1 billion USD. The statement said that in June 2025, Bakkt updated its investment policy to enable it to allocate funds to Bitcoin and other digital assets based on liquidity needs according to market conditions and business expectations, as part of Bakkt’s broader financial and corporate strategy. Bakkt may use excess funds to purchase Bitcoin or other digital assets. The life supplement stated that Bakkt also plans to explore more opportunistic financing alternatives, including issuing convertible notes, bonds, or other debt instruments for the acquisition of Bitcoin or other digital assets, or for other investments according to Bakkt’s investment policy. To date, Bakkt has not purchased any Bitcoin or other digital assets under the updated investment policy. Bakkt cannot guarantee that any such transactions will occur. The timing and scale of any such transactions will depend on market conditions, capital market acceptance, business performance, and other strategic considerations. Bakkt was founded in 2018, and its Crypto Assets trading platform provides consumers, businesses, and institutions with a simple and intuitive digital experience, allowing them to easily buy, sell, and store Crypto Assets through API or embedded web access.