---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-038417"
form_type: "8-K"
ticker: "BKKT"
cik: "0001820302"
company_name: "Bakkt, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:51:02.272710+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bakkt to acquire ~30% of MarushoHotta, rename it bitcoin.jp as part of Bitcoin treasury strategy

## Summary
- Bakkt signs share purchase agreement with RIZAP Group to acquire ~30% of Tokyo-listed MarushoHotta (TSE:8105), becoming largest shareholder.
- MHT to be renamed bitcoin.jp, subject to shareholder approval; Bakkt has acquired the domain bitcoin.jp.
- Phillip Lord, President of Bakkt International, to become CEO of MHT.
- Transaction kick-starts Bakkt's multinational Bitcoin treasury strategy; co-CEO cites Japan's favorable regulatory environment.
- Also on July 31, Bakkt entered a commercial agreement with DTR (controlled by co-CEO Akshay Naheta) for payments and crypto integration.

## SEC filing metadata
- accession: 0001628280-25-038417
- form_type: 8-K
- ticker: BKKT
- cik: 0001820302
- company_name: Bakkt, Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820302/000162828025038417/0001628280-25-038417-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820302/000162828025038417/bakkt-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-038417
- JSON: https://secwatch.observer/filing/0001628280-25-038417.json
- Plain text: https://secwatch.observer/filing/0001628280-25-038417.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.