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Bakkt: The board has officially approved an update to the investment strategy, which will allocate some funds for investing in Bitcoin.
[Bakkt: The Board Has Officially Approved an Updated Investment Strategy to Allocate Funds for Investing in Bitcoin] Bakkt, a crypto trading and custody company listed on the New York Stock Exchange, announced that its board has officially approved an updated company investment strategy that allows for the allocation of some funds to invest in Bitcoin and other leading crypto assets. Bakkt stated that it will adopt a prudent strategy to enhance its capital structure while maintaining strict risk management, and will actively assess global jurisdictions to deploy these strategies, leveraging the management team’s experience in their respective capital markets.