Bakkt establishes ATM program to sell common stock to raise up to $300 million

According to GlobeNewswire, Bakkt announced that it has established an ATM equity fundraising program under its existing shelf registration statement filed in 2025, allowing Bakkt to (but not obligated to) decide to offer and sell its common stock, with a total fundraising amount of up to $300 million.

The program aims to enhance Bakkt's financial flexibility and accelerate the execution of its long-term growth strategy, including expanding the distribution of the Bakkt Agent program, rapidly scaling the Zaira stablecoin payment platform, increasing investments in the Bakkt Global program, and entering other high-potential markets.