Crypto exchange Bakkt has announced a public offering of Class A common stock and pre-funded warrants to raise approximately $75 million. Priced at $10 per share, the offering aims to fund purchases of Bitcoin and other digital assets, following Bakkt’s updated investment policy. Proceeds will also support general corporate purposes. The move aligns with Bakkt’s pivot to focus solely on crypto infrastructure after selling its loyalty business. Investors reacted negatively, with shares dropping 5% in regular trading and nearly 29% after-hours. The offering is under a shelf registration approved by the SEC earlier in July 2025, allowing flexible future issuances.
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Mkt Cap $2.30T
BTC Dom 56.71 %
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ETH
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USDT
$0.999485
▲ +0.00%
BNB
$595.86
▲ +1.00%
USDC
$0.999734
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$75.57
▲ +2.80%
TRX
$0.328982
▲ +0.60%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.48
▼ -4.00%
DOGE
$0.070414
▲ +1.40%
USDS
$0.999861
▲ +0.00%
RAIN
$0.012652
▼ -0.60%
LEO
$9.70
▼ -0.70%
ZEC
$497.86
▼ -2.10%
ADA
$0.199426
▼ -1.50%
XMR
$377.24
▲ +2.00%
WBT
$56.19
▲ +0.20%
LINK
$8.33
▲ +1.60%
XLM
$0.163644
▲ +1.50%
DAI
$0.999794
▲ +0.00%
BCH
$216.56
▲ +0.40%
USD1
$0.999778
▲ +0.00%
USDE
$0.999685
▲ +0.00%
GRAM
$1.37
▲ +2.20%
Mkt Cap $2.30T
BTC Dom 56.71 %
BTC
$64,925.00
▲ +0.10%
ETH
$1,919.52
▲ +0.40%
USDT
$0.999485
▲ +0.00%
BNB
$595.86
▲ +1.00%
USDC
$0.999734
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$75.57
▲ +2.80%
TRX
$0.328982
▲ +0.60%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.48
▼ -4.00%
DOGE
$0.070414
▲ +1.40%
USDS
$0.999861
▲ +0.00%
RAIN
$0.012652
▼ -0.60%
LEO
$9.70
▼ -0.70%
ZEC
$497.86
▼ -2.10%
ADA
$0.199426
▼ -1.50%
XMR
$377.24
▲ +2.00%
WBT
$56.19
▲ +0.20%
LINK
$8.33
▲ +1.60%
XLM
$0.163644
▲ +1.50%
DAI
$0.999794
▲ +0.00%
BCH
$216.56
▲ +0.40%
USD1
$0.999778
▲ +0.00%
USDE
$0.999685
▲ +0.00%
GRAM
$1.37
▲ +2.20%
BTC
$64,925.00
▲ +0.10%
ETH
$1,919.52
▲ +0.40%
USDT
$0.999485
▲ +0.00%
BNB
$595.86
▲ +1.00%
USDC
$0.999734
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$75.57
▲ +2.80%
TRX
$0.328982
▲ +0.60%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.48
▼ -4.00%
DOGE
$0.070414
▲ +1.40%
USDS
$0.999861
▲ +0.00%
RAIN
$0.012652
▼ -0.60%
LEO
$9.70
▼ -0.70%
ZEC
$497.86
▼ -2.10%
ADA
$0.199426
▼ -1.50%
XMR
$377.24
▲ +2.00%
WBT
$56.19
▲ +0.20%
LINK
$8.33
▲ +1.60%
XLM
$0.163644
▲ +1.50%
DAI
$0.999794
▲ +0.00%
BCH
$216.56
▲ +0.40%
USD1
$0.999778
▲ +0.00%
USDE
$0.999685
▲ +0.00%
GRAM
$1.37
▲ +2.20%
Mkt Cap $2.30T
BTC Dom 56.71 %
BTC
$64,925.00
▲ +0.10%
ETH
$1,919.52
▲ +0.40%
USDT
$0.999485
▲ +0.00%
BNB
$595.86
▲ +1.00%
USDC
$0.999734
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$75.57
▲ +2.80%
TRX
$0.328982
▲ +0.60%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.48
▼ -4.00%
DOGE
$0.070414
▲ +1.40%
USDS
$0.999861
▲ +0.00%
RAIN
$0.012652
▼ -0.60%
LEO
$9.70
▼ -0.70%
ZEC
$497.86
▼ -2.10%
ADA
$0.199426
▼ -1.50%
XMR
$377.24
▲ +2.00%
WBT
$56.19
▲ +0.20%
LINK
$8.33
▲ +1.60%
XLM
$0.163644
▲ +1.50%
DAI
$0.999794
▲ +0.00%
BCH
$216.56
▲ +0.40%
USD1
$0.999778
▲ +0.00%
USDE
$0.999685
▲ +0.00%
GRAM
$1.37
▲ +2.20%
