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
Strategy Spends $192 Million Buying Back Its Preferred Stock, Nearly Nine Times Its Bitcoin Buy
Strategy directed most of its spending last week toward its own preferred stock rather than bitcoin. The company announced on Mond...
Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week
Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its S...
IMF finds over half of tokenized US stock trading happens after Wall Street closes
More than half of sampled tokenized US stock trading occurs outside Wall Street's regular hours, the International Monetary Fund (...
Strategy Buys More Bitcoin and Retires Nearly 2M STRC Shares
Michael Saylor’s Strategy has expanded its bitcoin treasury to 848,250 BTC after acquiring another 250 BTC for approximately $21.5...
Strategy buys 250 BTC, repurchases $192M in stock amid capital restructuring
Strategy Inc.'s actions may boost market confidence in STRC, potentially impacting its price trajectory and influencing broader in...
BingX Opens 7,000 US Stocks to Crypto Users a Day After Bybit
BingX opened trading in more than 7,000 US stocks and exchange-traded funds today (Tuesday), routing orders through US brokerage i...