Bakkt launches ATM equity fundraising plan, intends to sell common shares to raise up to $300 million

Techub News reports that digital asset trading platform Bakkt has established an ATM (at-the-market) equity offering program based on the shelf registration statement filed in June 2025, allowing it to issue and sell common stock from time to time at its discretion, with a total offering size of up to $300 million. Bakkt stated that the program aims to enhance financial flexibility and advance its long-term growth strategy, including expanding the distribution of the Bakkt Agent program, accelerating the expansion of the Zaira stablecoin payment platform, increasing investment in the Bakkt Global program, and exploring other potential markets.