Bakkt establishes ATM plan to raise up to $300 million by selling common stock

Odaily Planet Daily reports that Bakkt announced the establishment of an ATM equity fundraising plan based on its existing suspension of registration statement filed in June 2025, allowing Bakkt to (but not obligated) decide on the issuance and sale of its common stock. The total fundraising amount can reach up to $300 million, aimed at enhancing Bakkt’s financial flexibility and accelerating the execution of its long-term growth strategy, including expanding the distribution of the Bakkt Agent program, rapidly scaling Zaira’s stablecoin payment platform, increasing investments in the Bakkt Global program, and entering other high-potential markets. (Globenewswire)