Bakkt eliminates all remaining long-term debts
Source: CoinWorld
Time: 2025-09-17 18:16:22
Bakkt Holdings, Inc. (NYSE: BKKT) has fully redeemed its outstanding 0.00% convertible bonds due on June 18, 2026, eliminating all remaining long-term debts. CEO Akshay Naheta said the move strengthens the company's financial position, simplifies the capital structure, allowing it to focus more on executing its strategy as a leading crypto infrastructure platform.