🔥 TODAY: Bakkt submits a request to raise capital of $1 billion — which may be used to buy Bitcoin!
━━━━━━━━━━━━━━━
🏢 Details:
– The digital asset platform Bakkt has officially submitted a Shelf Offering request worth $1 billion
– The documents indicate that the proceeds may be used to purchase Bitcoin or other digital investments
━━━━━━━━━━━━━━━
📊 What is a Shelf Offering?
– It is a public statement for selling securities (such as stocks or bonds) in stages
– It allows Bakkt to raise capital as needed without having to reapply again
━━━━━━━━━━━━━━━
💡 Importance:
– Indicates increased confidence in Bitcoin as a reserve asset
– Reflects the desire of public companies to catch up with institutions that have adopted digital currencies in their treasuries
━━━━━━━━━━━━━━━
🚀 Are we witnessing a new wave of institutional buying leading the market to a new ATH?
━━━━━━━━━━━━━━━
📍 If you liked the content, support me with a like and follow to receive all new updates
LEGENDARY_007
