Bakkt's stock soars 162% as Trump Media negotiates to buy crypto firm, report says
The price of Trump Media, which owns the Trump-affiliated TruthSocial social media app and boasts a market capitalize of more than $7 billion, surged in the wake of the announcement. Trump Media stock jumped by more than 16%. Bakkt is owned by the same company that owns the New York Stock Exchange, and saw its stock soar by over 162%.
4 things to know about Trump Media's move to buy an unprofitable crypto platform
Shares of Bakkt soared as high as 250% on Monday on news Trump's media firm may be closing in on an all-stock purchase of the crypto company.
Trump’s Crypto Embrace Elates Bitcoin Fans
As digital currency enthusiasts bask in rising values, Trump's own social media venture is in talks to buy a crypto trading firm.
Donald Trump’s social media group in talks to buy crypto trading venue
Donald Trump’s social media company is in advanced talks to buy Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange, as it pushes to expand beyond online conversation. The US president-elect’s Trump Media and Technology Group,
Trump's social media group in talks to buy Bakkt, FT reports
Donald Trump's social media company is in advanced talks to buy crypto trading firm Bakkt, the Financial Times reported, citing two people with knowledge of the talks.Trump Media and Technology Group,
Trump Media inches toward buying crypto exchange
Bakkt's market capitalization sits close to $400 million after its stock surged more than 150% with rumors that Trump could buy the company.
Trump's social media group might buy crypto trading firm Bakkt: report
Trump Media & Technology Group, which operates Trump's social media company Truth Social, is in talks to buy crypto trading firm Bakkt, the Financial Times reported. Shares of Bakkt soared after the report on Monday and were up another 14.
Trump Media Eyeing Purchase of Cryptocurrency Platform
The parent company of Donald Trump’s Truth Social platform is engaged in talks to purchase a cryptocurrency trading platform, according to a new report. Trump Media and Technology Group, despite the company’s well publicized financial struggles,
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Why Cryptocurrencies and Crypto Stocks Were Bouncing Higher on Tuesday
The day really belonged to the crypto stocks, with Mara Holdings (NASDAQ: MARA) closing a sturdy 10% higher, and all-in Bitcoin (CRYPTO: BTC) investor MicroStrategy (NASDAQ: MSTR) booking a 12% ...
Bitcoin Price Passes $90,000 Again. Trump’s Picks Are Giving Crypto a Big Boost.
The large-cap token surged last week, powered higher by the expectation that the Trump administration will ease crypto ...
Nasdaq Poised to List Spot-Bitcoin ETF Options as Crypto Assets Rally
Nasdaq Inc. is planning to list options on BlackRock Inc.’s Bitcoin exchange-traded fund, possibly as soon as Tuesday, ...
Bitcoin's Dominance of Crypto Market Reaches Highest Level Since 2021
The Bitcoin Dominance Index, which measures bitcoin's share of the overall crypto market, has reached its highest level since ...
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Crypto world celebrates as Trump win sparks optimism for bitcoin’s future
Key players in the crypto space see potential for clearer regulations under Trump-appointed officials, encouraging broader ...
3 Things Every Crypto Investor Should Know About the iShares Bitcoin Trust ETF
Investors who are new to crypto now have a powerful new way to invest in Bitcoin via the iShares Bitcoin Trust.
Bitcoin Surges to Record as Crypto Investors Cheer Trump Win
Bitcoin surged to a record of more than $75,000, as cryptocurrency investors celebrated President-elect Donald J. Trump’s ...
Bitcoin breaches $94,000 for the first time
Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to buy crypto ...