Express

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.

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 2 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 7 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 21 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 28 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025
  • You need to login to comment.