Cryptocurrency infrastructure company Bakkt announced the establishment of an ATM equity issuance plan under the existing shelf registration framework, with a maximum fundraising of $300 million. No shares have been issued yet. Bakkt stated that the plan is intended to enhance financial flexibility, support stablecoin payments, global expansion, and long-term growth strategies. Whether to issue shares will be at the company's discretion.
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Cryptocurrency infrastructure company Bakkt announced the establishment of an ATM equity issuance plan under the existing shelf registration framework, with a maximum fundraising of $300 million. No shares have been issued yet. Bakkt stated that the plan is intended to enhance financial flexibility, support stablecoin payments, global expansion, and long-term growth strategies. Whether to issue shares will be at the company's discretion.