PANews August 6 news, according to The Block, Bakkt announced it will acquire approximately 30% of the shares of the Japanese listed company Marusho Hotta, becoming its largest shareholder, and plans to rename it to 'bitcoin.jp', promoting the company's adoption of Bitcoin and other digital assets as a corporate treasury. After the transaction is completed, Bakkt International President Phillip Lord will become the CEO of the new company. This acquisition is part of Bakkt's multinational Bitcoin treasury strategy, and the related renaming and strategic adjustments require shareholder approval, with specific transaction terms yet to be disclosed.
