<ul data-eligibleForWebStory="true"><li>Bakkt Holdings has filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $1 billion to fund its Bitcoin and digital asset strategy.</li><li>The company may issue various securities like common stock, preferred stock, debt securities, and warrants, as mentioned in the SEC filing.</li><li>Bakkt's new strategy includes utilizing the proceeds for Bitcoin purchases, crypto treasury efforts, and general company functions.</li><li>If Bakkt were to use the full $1 billion to purchase Bitcoin, it could acquire around 9,364 BTC, potentially becoming one of the top 10 publicly traded corporations holding Bitcoin.</li></ul>

Bakkt Files with US SEC to Raise $1B for Bitcoin and Crypto Strategy

Discover more