Bakkt stock surges 20% after move on stablecoin payments strategy
With Bakkt's share price surging following the announcement, the stock deal could be worth about $178 million.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
With Bakkt's share price surging following the announcement, the stock deal could be worth about $178 million.
Why this matters
This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
Coinbase Wins Abu Dhabi License for International Tokenized Stock Offerings
Coinbase has won a Financial Services Permission from Abu Dhabi’s Financial Services Regulatory Authority to run its international...
Luke Dashjr Removed as Bitcoin BIP Editor Following (BIP)-110 Fork Failure
Bitcoin Magazine Luke Dashjr Removed as Bitcoin BIP Editor Following (BIP)-110 Fork Failure Bitcoin developer Luke Dashjr, who bac...
Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress
Strategy said it held 840,447 BTC as of Aug. 9 and has begun treating its Bitcoin reserve as a source of balance-sheet flexibility...
Strategy Boosts Cash Reserve As Bitcoin Treasury Model Gets More Complex
Strategy has added $650 million to its USD reserve and repurchased $109 million of STRC preferred stock, showing again that the co...
Coinbase, Strategy, and Blockstream back AI access push after vetted Bitcoin researcher gets blocked
Coinbase, Blockstream and Strategy are backing a push to give qualified crypto defenders greater access to frontier AI cybersecuri...
Riot’s Anthropic Deal Shows Bitcoin Miners Are Moving Deeper Into AI Compute
Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into A...