To The Moon

Trump Media & Technology Group stock closed over 16% higher on Monday following a report from the Financial Times that said the company, which operates the social network Truth Social, is in advanced talks to acquire crypto exchange Bakkt .Bakkt stock gained over 162% on Monday following the report. The company is majority owned by NYSE parent company Intercontinental Exchange .President-elect Donald Trump maintains a roughly 60% interest in DJT, which boasts a market cap of around $7.1 billion. Trump reiterated earlier this month that he has no intention of selling his stock in the company.Trump's election win has pushed bitcoin prices to all-time highs, with the administration viewed as generally more friendly to the alternative asset class.In July, Trump attended a bitcoin conference in Nashville and has since pledged to usher in more supportive regulation. His promises also include appointing a crypto Presidential Advisory Council and firing current SEC Chair Gary Gensler.Other cr