Peanut Butter-Chocolate Bundt Cake

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Ingredients
  • Nonstick baking spray, as needed
  • 5 oz. bittersweet chocolate, coarsely chopped
  • 1/2 cup all-purpose flour
  • 1/2 tsp. baking powder
  • 1/4 tsp. salt
  • 1/2 cup butter, melted
  • 1/2 cup sugar
  • 2 large eggs
  • 1 tsp. vanilla extract
  • 1/4 cup creamy peanut butter, plus 3 tbsp. for drizzle
  • 1 cup water
  • 1/4 cup whipping cream
  • 3 oz. milk, plus 3 tbsp. for drizzle
  • 1/2 cup powdered sugar
  • Honey-roasted peanuts, as needed
Instructions
  • Generously coat a 3-cup fluted tube pan with baking spray.
  • In a small saucepan, melt 2 ounces of bittersweet chocolate over low heat. Set aside to cool.
  • In a small bowl, stir together the flour, baking powder, and salt then set aside.
  • In a medium-sized bowl, beat the butter on medium speed for 30 seconds. Add the sugar and beat on medium for 1 to 2 minutes or until well combined.
  • Add the eggs, one at a time, beating well after each addition. Then, beat in the vanilla until combined.
  • Add the flour mixture to the wet ingredients and beat just until combined. Transfer half of the batter (about 1 cup) to a small bowl, then stir in the melted chocolate and 1/4 cup of smooth peanut butter, swirling the two together gently with a knife.
  • Add water to the inner pot. Place the trivet in the Instant Pot, then place the cake pan on the trivet. Secure the lid on the pot.
  • Close the pressure-release valve. Pressure Cook on High for 25 minutes. When cooking is complete, use a quick release to depressurize.
  • Carefully remove the cake from the pot and the cake cool on a wire rack for 10 minutes, then remove the cake from pan and let cool completely on a wire rack.
  • Add whipping cream and 3 ounces of milk to the small saucepan. Heat until just boiling, then turn off heat.
  • Add the remaining 3 ounces of bittersweet chocolate to the saucepan without stirring and let rest for 5 minutes.
  • After 5 minutes, stir until smooth, then let cool for 15 minutes.
  • Stir the remaining milk, confectioners' sugar, and the remaining smooth peanut butter into a clean small bowl, using enough milk to make a thick drizzling consistency. Drizzle the cake with chocolate ganache and/or peanut butter glaze.
  • Sprinkle with honey-roasted peanuts and serve. Enjoy!
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