---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-138191"
form_type: "8-K"
ticker: "BKKT"
cik: "0001820302"
company_name: "Bakkt, Inc."
filed_at: "2025-06-10T23:59:59+00:00"
generated_at: "2026-05-19T15:58:56.561219+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-138191
- form_type: 8-K
- ticker: BKKT
- cik: 0001820302
- company_name: Bakkt, Inc.
- filed_at: 2025-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820302/000119312525138191/0001193125-25-138191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820302/000119312525138191/d76438d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-138191
- JSON: https://secwatch.observer/filing/0001193125-25-138191.json
- Plain text: https://secwatch.observer/filing/0001193125-25-138191.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.