Bakkt seeks $1 billion to fund Bitcoin and digital asset strategy
#Bakkt has filed with the U.S. Securities and Exchange Commission #SEC to raise up to $1 billion through a mix of equity and debt offerings. The funds would support a new strategy to add #Bitcoin $BTC and other digital assets to its corporate treasury, as outlined in an updated investment policy announced on June 10. The move marks a strategic shift for the company, which aims to become a focused crypto infrastructure provider.