Bakkt secures nearly 30% of Tokyo-listed Marusho Hotta, set for rebranding to bitcoin.jp with new leadership, while BitBridge completes its merger and aims for Nasdaq via OTC trading.
Bakkt announced its agreement to acquire roughly 30% of Tokyo-listed Marusho Hotta, pending renaming to bitcoin.jp and appointing Phillip Lord as CEO, signaling a shift to a bitcoin-focused strategy. Concurrently, BitBridge Capital Strategies completed its merger with Green Mountain Merger Inc. and will begin trading as BTTL on OTC markets, with plans to uplist to Nasdaq.