(MENAFN- Investor Ideas) Investorideas, a go-to platform for big investing ideas, including bitcoin crypto Stocks reports on trading for Bakkt Holdings, Inc. (NYSE: BKKT ).
On Monday's trading session the stock soared to close at $29.71, up 18.39, gaining 162.46% on volume of over 7.5 Million. The stock continued gains after the market closed The stock was on investors radar following a report in the financial Times that Donald Trump's social media company Truth Social is in talks to purchase Bakkt.
Based on Trump's open bold support of crypto and its future in the US, it's no surprise the stock reacted to the report with big gains.
Founded in 2018, Bakkt builds solutions that enable our clients to grow with the crypto economy. Through institutional-grade custody, trading, and onramp capabilities, our clients leverage technology that's built for sustainable, long-term involvement in crypto.
Trump Media & Technology Group Corp. (NASDAQ:DJT ) was up over 16% on the close on volume of over 37 Million shares.
TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations
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