Bitcoin Blitz: Bakkt Holdings Gear Up To Finance $1 Billion-Dollar Purchase

Description

On Monday, crypto software firm Bakkt Holdings (BKKT) announced an ambitious plan to raise up to $1 billion through various securities offerings to boost its own Bitcoin (BTC) treasury reserve, in line with the growing trend among publicly traded companies. This move comes amid rising Bitcoin prices , which are hovering just below all-time highs, and increased interest in the cryptocurrency market, further fueled by a new wave of regulatory developments in the United States. Bakkt’s $1 Billion O...