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Posted by
Two Blokes Jun 27 -
Filed in
Crypto
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Shares of Bakkt Holdings Inc. (NYSE:BKKT) rose in Thursday's trading after the cryptocurrency custody company announced plans to raise as much as $1 billion, with proceeds potentially getting allocated to buy Bitcoin (CRYPTO: BTC). What Happened: The possible shelf offering might include sales of Bakkt's Class A common stock, preferred stock, warrants, and debt securities, according to an SEC filing.