Trump Media Eyes Acquisition of Crypto Platform Bakkt, Shares Surge

Trump Media is reportedly in advanced talks to acquire the cryptocurrency trading platform Bakkt, leading to a significant surge in the shares of both companies. Bakkt, created by Intercontinental Exchange, has faced financial challenges, including a risk of delisting from the New York Stock Exchange. The potential acquisition aligns with Trump's growing business interests in the cryptocurrency sector as he prepares for the 2024 presidential election.