Published

Trump's social media group in talks to buy Bakkt, FT reports

  • President-Elect Donald Trump's social media company is reportedly in advanced negotiations to acquire the cryptocurrency trading platform Bakkt, as reported by the Financial Times on Monday.
  • This acquisition would be the Trump Media and Technology Group's first venture beyond its social media platform Truth Social, impacting stock prices significantly.
  • Shares of Trump Media climbed 16% to $32, while Bakkt's stocks surged 162%, trading around $29 before market close.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 36% of the sources are Center
36% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)