Bakkt (NYSE: BKKT) has announced the pricing of its underwritten public offering, which includes 6,753,627 shares of Class A common stock and up to 746,373 pre-funded warrants. The offering is expected to raise approximately $75 million, with proceeds earmarked for purchasing Bitcoin and other digital assets, as well as for working capital and general corporate purposes. The transaction is set to close on July 30, 2025, and underwriters have a 30-day option to purchase an additional 1.125 million shares.