Bakkt Holdings announced its acquisition of approximately 30% of TSE-listed 堀田丸正 from RIZAP Group, making it the largest shareholder. The deal paves the way for a multinational Bitcoin financial strategy as Bakkt International's Philip Lord is slated to become CEO and the company plans to rebrand as bitcoin.jp pending shareholder approval. The move is complemented by a recent $75 million capital raise for direct Bitcoin purchases and a reported 44% surge in the target company’s stock price on the PTS.