Trump Media group reportedly in talks to buy crypto marketplace Bakkt as bitcoin approaches $100K
BKKTBakkt (BKKT) Fox Business·2024-11-20 05:11

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 ...