Trump Media and Technology Group (TMTG) is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt at a time digital assets are soaring since President-elect Trump — majority shareholder of the social media company — secured a second term in the White House. Citing two sources, the Financial Times reported Monday that TMTG, which operates Truth Social, is finalizing an all-share purchase of Bakkt, but details on a valuation were not clear. Bakkt said Tuesday it was aware of "the rumors that a ...

President-elect Donald Trump’s social media company is in advanced talks to buy cryptocurrency firm Bakkt, according to a report.Trump Media & Technology Group is nearing an all-share purchase of the crypto trading platform, which was previously led by former US Sen. Kelly Loeffler of Georgia, a vocal Trump supporter, the Financial Times reported on Monday based on two people with knowledge of the talks. The valuation of the deal is unclear. Bakkt had a market capitalization of more than $150 million on Mon ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024.Trump Media is reportedly in "advanced talks" to buy the cryptocurrency trading firm Bakkt, the Financial Times reported Monday, citing two people with knowledge of the talks.The news sent shares of both companies soaring. Trump Media, the Truth Social operator majority-owned by President-elect Donald Trump, suddenly shot up as much as 15% minutes after the F ...

Bakkt Holdings, Inc. (NYSE:BKKT) Q3 2024 Earnings Conference Call November 14, 2024 5:00 AM ET Company Participants Andy Main - Chief Executive Officer, President Karen Alexander - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the Bakkt Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference call is being recorded. I will n ...

Third Quarter 2024 Earnings November 14, 2024 Important notice Unless the context otherwise provides, "we," "us," "our," "Bakkt" and like terms refer to Bakkt Holdings, Inc. and its subsidiaries. FORWARD-LOOKING STATEMENTS This presentation and accompanying oral presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, but are not limited to, Bakk ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol (s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share BKKT The New York Stock Exchange Warrants to purchase Class A Common Stock BKKT WS The New York Stock Exchange Large accelerated filer ☐ Accelerated filer ☐ Emerging growth company ☒ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly ...

Bakkt Reports Third Quarter 2024 Results • BakktX successfully tested, institutional client rollout to begin Q4'24 • Net loss improved 87.8% year-over-year ALPHARETTA, GA – November 14, 2024 – Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE: BKKT) announced its financial and operational results for the quarter ended September 30, 2024. CEO Comments: "Since the U.S. Presidential election, we've seen a dramatic increase in trading volumes driven by favorable macro sentiment and rising crypto prices," sa ...

Bakkt Holdings, Inc. (BKKT) shares soared 13.8% in the last trading session to close at $10.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.1% loss over the past four weeks.The stock benefits from the company's advancements in partnerships across both traditional and digital assets, enhancing its deep liquidity offerings and robust analytics, risk management, pricing, and trade-matching engines. This company is expected to ...

Bakkt Holdings, Inc. (NYSE:BKKT) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants Andy Main - CEO Ray Kamrath - CCO, Crypto Business Karen Alexander - CFO Olivia Keavey - IR Conference Call Participants Spencer James - Jefferies Operator Greetings, and welcome to the Bakkt Second Quarter 2024 Earnings Conference Call. [Operator instructions] As a reminder, this conference call is being recorded. I will now turn over to Olivia Keavey, Senior Lead of Communications at Bakkt. Pl ...