Bakkt Holdings Files S-3 to Raise $1 Billion, Eyes Potential Bitcoin Investment

Bakkt Holdings (BKKT), a digital asset platform, has filed an S-3 registration statement with the US Securities and Exchange Commission (SEC) to raise up to $1 billion through various securities offerings. The company intends to use the proceeds for general corporate purposes, including working capital. Additionally, Bakkt may potentially buy Bitcoin (BTC) or other digital assets under its updated investment policy. How Bakkt’s $1 Billion Raise Could Lead to a Bitcoin Investment The shelf registration was filed on June 26 source: https://beincrypto.com/bakkt-holdings-securities-buy-bitcoin/