Bakkt (BKKT), the cryptocurrency exchange that is experiencing a cash shortage and has reported that it may close, has reached the necessary solution to continue its activities for a while longer.
Bakkt, which filed an application with the US Securities and Exchange Commission (SEC) just a week ago, stated that it was experiencing a serious cash shortage and shared great concerns about continuing its operations. temporary solution in a short time reached.
In his application to the regulatory body, Sell securities worth $150 million The stock market that states what it wants approval took. Bakkt is expected to realize sales in a short time and add $150 million to its balance sheet. Under these conditions, the company has at least activities for 12 months It is thought that it can continue its activities and will seek more sustainable solutions in this period.
Starbucks to help customers buy coffee with Bitcoin. in 2018 introduced and 2020 The shares of the company, which went public in 2017, also lost significant value. BKKT only this year 70% losing value for $0.79 decreased by . However, after this positive development, the company’s shares a 30% recovery It survived and hit $1.02 again.