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

  • Donald Trump’s social media company is in advanced negotiations to acquire the cryptocurrency trading platform Bakkt, according to the Financial Times report.
  • Shares of Trump Media climbed 16%, reaching $32, while Bakkt’s stock soared by 162%, trading around $29.
  • Due to the unprecedented surge, trading in Bakkt was temporarily halted.
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