Bakkt updates investment policy to allocate capital into Bitcoin and other digital assets

Bakkt, Inc.

Bakkt board approved revised investment policy to allocate excess cash and financing proceeds into Bitcoin and other digital assets.
Company may issue convertible notes, bonds, or other debt instruments to fund the purchase of digital assets.
As of June 10, 2025, Bakkt has not purchased any Bitcoin or other digital assets under the revised policy.
Annual meeting adjourned to June 17, 2025 to allow stockholder consideration of proxy supplement on digital asset strategy.
Proxy supplement notes authorized shares may be used for equity lines-of-credit or ATM programs in connection with strategy.

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