Trump Media group in talks to buy crypto marketplace Bakkt as Bitcoin approaches $100K
Bitcoin Foundation Chairman Brock Pierce argues anyone who’s a skeptic over Bitcoin is clearly not reading the tea leaves.
Trump Media and Technology Group (TMTG) is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt at a time digital assets are soaring since President-elect Trump — majority shareholder of the social media company — secured a second term in the White House.
Citing two sources, the Financial Times reported Monday that TMTG, which operates Truth Social, is finalizing an all-share purchase of Bakkt, but details on a valuation were not clear.
The Truth Social network logo is displayed Feb. 21, 2022. (Reuters/Dado Ruvic/Illustration / Reuters Photos)
Bakkt said Tuesday it was aware of “the…
