According to Bakkt’s official statement, proceeds from selling up to $300 million in common stock will fund its Agent network, stablecoin platform, and expansion into high-growth markets.
Bakkt announced on Jan. 21 that it has established an at-the-market (ATM) equity offering program to sell up to $300 million in common stock, based on its June 2025 shelf registration statement. The company stated that the funds will enhance financial flexibility and support strategic initiatives, including the Bakkt Agent program, Zaira’s stablecoin payments platform, Bakkt Global, and entry into markets with high growth potential. This is part of Bakkt’s strategy to strengthen its presence in the digital asset sector.