Finance News – Bakkt
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Bakkt Sheds Loyalty Division as It Doubles Down on Crypto
Bakkt is divesting its loyalty segment and securing $75 million to focus its resources on expanding services related to cryptocurrency custody, trading, and stablecoin technology.
Read Full Article →Bitcoin treasury firm Bakkt plunges 40% after selling its loyalty business
Bakkt experienced a substantial decline in its market value following the sale of its loyalty unit, reflecting investor doubts about the company’s recent capital increase and futur...
Read Full Article →Bakkt stock plummets 40% after announcing pricing of $75 million public offering to buy bitcoin
Bakkt's shares dropped significantly following its announcement of a $75 million public offering intended to support corporate activities, such as purchasing bitcoin and other digi...
Read Full Article →Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares
Bakkt’s sale of its loyalty division for $11 million and subsequent share offering aim to generate capital to concentrate on cryptocurrency investments, particularly bitcoin acquis...
Read Full Article →The Daily: ‘Conditions are ripe’ for new bitcoin all-time high, Bakkt plots $1 billion raise for BTC...
Investors are showing increased interest in bitcoin as favorable market conditions and Bakkt’s planned $1 billion capital raise highlight potential growth opportunities in cryptocu...
Read Full Article →Bakkt files to raise $1B with plans to allocate funds to Bitcoin
Bakkt Holdings Inc. intends to generate $1 billion through a securities offering, aiming to utilize the capital for purchasing Bitcoin as outlined in its recent SEC submission.
Read Full Article →Bakkt Files to Sell Up to $1 Billion in Securities For Potential Bitcoin Play
Bakkt aims to raise substantial funds through a securities offering to support its strategic move of incorporating Bitcoin into its financial assets after recent regulatory changes...
Read Full Article →Asia Morning Briefing: Asia's Banks Look to Stablecoins to Prevent Deposit Flight
Asian financial institutions are increasingly exploring stablecoin solutions to maintain deposit stability, while Bakkt's $1 billion Bitcoin acquisition signals growing institution...
Read Full Article →Bakkt looks to raise $1 billion to fund Bitcoin and digital asset treasury play
Bakkt aims to secure substantial funding to expand its involvement in Bitcoin and digital assets, following previous initiatives such as futures trading, rewards programs, and secu...
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