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Bakkt Holdings Newsroom
Is Trump promoting the layout of the cryptos market? His company was reported to be in talks to acquire the trading platform Bakkt, which surged by 162%.
According to reports, the social media company owned by Trump is in deep negotiations to acquire the crypto trading platform Bakkt, causing a surge in the US stocks of BKKT, which triggered trading halts multiple times.
U.S. stocks movement | It is reported that Trump Media Technology (DJT.US) will acquire the digital assets platform Bakkt (BKKT.US), which has surged over 160%.
Trump Media Technology (DJT.US) is in negotiations to acquire the digital assets platform Bakkt (BKKT.US).
U.S. stocks closed | The three major indexes showed mixed performance, with the Nasdaq ending its four-day losing streak; the "Trump trade" hype continues, with Tesla rising over 5%, and DJT surging 16%.
Small cap stocks turned higher in late trading, with the chip index also rising over 1%. Nvidia cut its earlier 3.4% decline in half, Tesla surged 8.7% at one point, Ehang rose nearly 10% before reversing to a 7% decline, Xiaomi Group's ADR rose nearly 6%, and Bakkt, which is in talks with Trump media for acquisition, surged over 160% before being halted temporarily. Oklo, backed by Altman, surged 23% at one point, leading the nuclear power stocks.
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Express News | The social media company owned by Trump is in deep negotiations to acquire the cryptos trading platform Bakkt, which is owned by the intercontinental exchange.
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Bakkt Holdings, Inc. (BKKT) Q3 2024 Earnings Call Transcript
Bakkt Holdings | 10-Q: Q3 2024 Earnings Report
Bakkt Holdings GAAP EPS of -$0.45, Revenue of $328.4M Beats by $310.72M
Bakkt Holdings: 2024 Rev From Loyalty Expected Approximately $49M-$50M, Lower Than Prior Guidance Primarily Due to Lower Transaction Rev >BKKT
Bakkt Holdings: 2024 Gross Crypto Rev, Less Crypto Costs and Execution, Clearing and Brokerage Costs, Expected at Lower End of $10M-$15M Range Primarily Due to Timing of Activations >BKKT