Trump Media nearing deal to buy crypto firm Bakkt: report
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Trump Media is reportedly nearing a deal to acquire the crypto firm Bakkt. The valuation of the deal is not disclosed, but Bakkt had a market capitalization of over $150 million as of Monday.
November 19, 2024 | 8:30 pm
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Trump Media is reportedly nearing a deal to acquire Bakkt, a crypto firm with a market cap of over $150 million. The deal's valuation is not yet clear.
The news of a potential acquisition by Trump Media could positively impact Bakkt's stock price due to increased investor interest and potential synergies. The lack of disclosed valuation adds some uncertainty, but the market cap suggests a significant transaction.
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