Bakkt announces rights issue to raise US$75 million to buy BTC
According to online reports, Bakkt, a company listed on the New York Stock Exchange, publicly issues Class A common shares and/or pre-funded warrants through an underwriting public offering. The company will issue 746,373 Class A common shares (US$10 per share) and 6,753,627 shares with a total proceeds of approximately US$75 million. The company plans to use this funds to purchase Bitcoin and other digital assets, as well as for working capital and general corporate purposes.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
