Publicly Listed Company Bakkt to Acquire MarushoHotta, Plans to Rename It bitcoin.jp

ChainCatcher reports, according to Businesswire, US-listed company Bakkt Holdings (BKKT) has announced that it has reached a share purchase agreement with RIZAP Group to acquire Japanese listed company MarushoHotta (MHT), with the transaction amount yet to be disclosed.

This acquisition will make Bakkt the largest shareholder of MHT. In addition, Bakkt has purchased the domain name "bitcoin.jp", and upon shareholder approval, MHT will be renamed accordingly.