Bakkt Holdings, a prominent cryptocurrency trading and custody platform, has announced a strategic move to acquire approximately 30% of the shares of Marusho Hotta (MHT), a Japanese company. This acquisition, reported by Business Wire, positions Bakkt as the largest shareholder in MHT. Under the agreement, MHT plans to rebrand itself as bitcoin.jp. This name change signals a significant shift in the company's focus, with plans to strategically invest in Bitcoin (BTC). The investment aims to capitalize on the growing interest in digital assets within the Japanese market and leverage Bakkt's expertise in the cryptocurrency space. This marks a key expansion for Bakkt into the Asian market. ```