Crypto software firm Bakkt Holdings aims to raise up to $1 billion through securities offerings as it looks to invest in Bitcoin and other digital assets. The company filed a shelf registration with the US SEC, allowing it to issue Class A stock, preferred stock, debt securities, warrants, or a mix of these. This gives Bakkt the flexibility to tap capital markets quickly when conditions are right.

The firm recently updated its investment policy to enable crypto investments, although no purchases have been made yet. Bakkt said it may acquire Bitcoin using excess cash, proceeds from future equity or debt deals, or other capital sources. It also noted that recent crypto IPOs from Circle, eToro & Gemini show growing momentum in the space.

Bakkt shares rose 3% Thursday to $13.33 but are still down 46% this year. The company warned of ongoing financial issues and doubts about its ability to continue operations after losing key clients like Bank of America & Webull.

SEC filing

Bitwise Asset Management has taken a bold step toward mainstream crypto investment. The firm has submitted amended S-1 forms for two new exchange-traded funds focused on Dogecoin and Aptos. These ETFs aim to give investors easier access to both cryptocurrencies without directly owning the tokens.

The Bitwise Dogecoin ETF was first filed on March 3, 2025. Despite a public comment period the SEC recently delayed its review. The regulator cited the need for further evaluation of market risks and investor protections before reaching a decision.

The Aptos ETF would be the first APT-focused ETF in the United States. Bitwise quietly registered this trust back in February. Both ETFs will be managed by Bitwise Investment Advisers and housed as Delaware trusts with custody handled by Coinbase.

Bitcoin and crypto platform Kraken has officially launched Krak, a no-fee, all-in-one global money app that lets users spend, send, and save across over 300 fiat and digital assets—including Bitcoin. Designed to merge the best of banking, payments, and crypto into a single user experience, the Krak app is set to redefine how people move and manage value in Bitcoin and beyond.  

“We built and launched the Krak app because the financial system has been stuck in the past, and we think it’s time to do something about it,” said Arjun Sethi, Kraken’s co-CEO, in a press release sent to Bitcoin Magazine. “With Krak, we’re taking a bold step toward rebuilding what we…

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Metaplanet Inc., widely recognized as Japan’s leading Bitcoin treasury company, has announced today the acquisition of an additional 1,234 Bitcoin, bringing its total holdings to 12,345 BTC. The purchase was valued at ¥19.27 billion at an average price of ¥15.6 million per Bitcoin.

Metaplanet has acquired 1,234 BTC for ~$132.7 million at ~$107,557 per bitcoin and has achieved BTC Yield of 315% YTD 2025. As of 6/26/2025, we hold 12,345 $BTC acquired for ~$1.20 billion at ~$97,036 per bitcoin. $MTPLF pic.twitter.com/vsnbCLGjZB

— Simon Gerovich (@gerovich) June 26, 2025

This acquisition is part of the company’s newly launched “555 Million Plan,” a strategy targeting…

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Crypto analysts remain cautiously optimistic on Bitcoin BTC/USD despite recent Middle East volatility, with technical levels holding and halving cycle patterns suggesting potential upside ahead.

What Happened: In a new market analysis published on Wednesday, crypto analyst DonAlt expressed cautious optimism on Bitcoin’s performance, despite geopolitical unrest in the Middle East.

He pointed out the surprisingly muted market reaction to escalating tensions, noting that Bitcoin’s swift recovery above the $104,000 weekly level likely invalidates the prior breakdown.

Key levels to watch:

$100,000 as critical daily support

$90,000 as the structural invalidation level, if lost, it would be… Read more on Benzinga

Galaxy Digital announced a successful close of its $175 million venture fund dedicated to investing in promising early stage crypto startups. The new fund exceeded its $150 million target and signals a big shift as Galaxy accepts outside capital for the first time.

Galaxy Digital is now looking to support high growth sectors like stablecoins tokenization and payments. The firm already deployed $50 million into companies including Monad and Ethena. General partner Mike Giampapa said adoption is speeding up globally across financial services.

Founded by Mike Novogratz Galaxy Digital has become a crypto powerhouse with $7 billion under management. The Nasdaq listed company also runs mining and Bitcoin ETFs. Even after reporting a $295 million loss last quarter Galaxy Digital is doubling down on its commitment to innovation and long term crypto growth.

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