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Trump Media in reported talks to buy crypto trading platform Bakkt, sending shares soaring
Bakkt Bakkt (US:BKKT) CNBCยท2024-11-18 20:51

Group 1 - Trump Media is in advanced talks to acquire cryptocurrency trading firm Bakkt, according to reports [1] - Following the news, Trump Media's shares increased by as much as 15%, while Bakkt's shares surged over 162% [2] - Trump Media has experienced significant fluctuations in market capitalization, currently exceeding $7 billion, despite reporting a net loss of $363 million on revenues of $2.6 million this year [3]