Is Trump Media Going to Acquire a Cryptocurrency Trading Business? Here's What That Could Mean for the Stock.
Trump Media & Technology Group Corp.(DJT) The Motley Fool·2024-11-28 20:30
Trump Media & Technology Group (DJT -0.23%) isn't profitable or generating much revenue, but the one thing it does have is cash, and it could soon put that to work. The company's business centers around its Truth Social platform, and it has been looking at expanding into other areas as well, including streaming video.And that may not be all, as the social media business appears to have its sights set on acquiring a cryptocurrency company, Bakkt Holdings (BKKT 2.59%).What is Bakkt Holdings?Bakkt operates a p ...