Bakkt Secures 30% Stake In Marusho Hotta, Rebranding As ‘Bitcoin JP’
Description
Bakkt Holdings (BKKT), a key player in the crypto services sector, has announced a strategic move to acquire approximately 30% of the outstanding shares of MarushoHotta Co., Ltd. (MHT), a company listed on the Tokyo Stock Exchange (TSE). This massive acquisition, facilitated through a share purchase agreement with metallurgical company RIZAP Group, Inc., positions Bakkt as the largest shareholder of MHT. Incorporating Bitcoin Into MHT’s Treasury Management Plans As announced on Wednesday, part o...
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