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Bakkt Submits $1 Billion Shelf Offering Application to SEC, May Use Proceeds to Purchase Bitcoin and Other Cryptocurrencies

Summary: According to reports, Bakkt Holdings has submitted a $1 billion shelf offering application to the U.S. Securities and Exchange Commission (SEC). The proceeds from this fundraising are expected to be used for working capital and general corporate purposes, with some funds potentially allocated to Bitcoin or other digital assets based on updated investment policies.

According to reports, Bakkt Holdings has submitted a $1 billion shelf offering application to the U.S. Securities and Exchange Commission (SEC). The proceeds from this fundraising are expected to be used for working capital and general corporate purposes, with some funds potentially allocated to Bitcoin or other digital assets based on updated investment policies.

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Link: Bakkt Submits $1 Billion Shelf Offering Application to SEC, May Use Proceeds to Purchase Bitcoin and Other Cryptocurrencies [Copy]

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