{"id":33996,"date":"2025-06-27T08:31:45","date_gmt":"2025-06-27T08:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33996"},"modified":"2025-06-27T08:31:45","modified_gmt":"2025-06-27T08:31:45","slug":"this-under-the-radar-crypto-stock-lifted-3-on-1-billion-fundraising-that-could-go-into-buying-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33996","title":{"rendered":"This Under-The-Radar Crypto Stock Lifted 3% On $1 Billion Fundraising That Could Go Into Buying Bitcoin"},"content":{"rendered":"<div>\n<p>Shares of\u00a0<strong>Bakkt Holdings Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BKKT#NYSE\">BKKT<\/a>)\u00a0rose in Thursday\u2019s trading after the cryptocurrency custody company announced plans to raise as much as $1 billion, with proceeds potentially getting allocated to buy <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>).<\/p>\n<p><strong>What Happened<\/strong>: The possible shelf offering might include sales of Bakkt\u2019s\u00a0Class A common stock, preferred\u00a0stock, warrants, and debt securities, according to an SEC filing. The funds are expected to be used for working capital and general corporate purposes, with a portion potentially allocated to Bitcoin.<\/p>\n<p>Bakkt announced an updated investment policy &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/46133776\/this-under-the-radar-crypto-stock-lifted-3-on-1-billion-fundraising-that-could-go-into-buyi\" alt=\"This\" under-the-radar crypto stock lifted on billion fundraising that could go into buying bitcoin>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of\u00a0Bakkt Holdings Inc. (NYSE:BKKT)\u00a0rose in Thursday\u2019s 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\u2019s\u00a0Class A common stock, preferred\u00a0stock, warrants, and debt securities, according to an SEC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33996","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33996"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33996\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}