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Bakkt approves new investment policy, incorporating mainstream digital assets such as Bitcoin into company reserves.
Gate News bot news, Bakkt Holdings announced an updated corporate investment policy that authorizes the allocation of its funds to Bitcoin and other leading digital assets. The company is shifting its strategy to focus on providers of crypto assets infrastructure and plans to utilize remaining cash and other sources of capital to support long-term digital asset investments.
The policy approved by the board is built on three main pillars: core allocation to top Crypto Assets, optimization of capital structure, and a global diversified fund management strategy. The company stated that this framework aligns with its belief in the long-term value of Bitcoin and reflects its broader vision of participating in the digital finance space beyond infrastructure services.
Source: FinanceFeeds