Trump Concept + Crypto Concept = 162% Gain in One Day! Is This the Next Big Trade?
A 162% surge in just one day! Have you ever seen a stock wilder than this?
šIt wasnāt until someone around me showed off a $20k+ profit from a trade with just a $10 cost that I realizedāthereās a trading master right in our community! š²
š Congrats to @CarolWinsAll for the epic win with $Bakkt Holdings, Inc.(BKKT)$!
š Got a winning strategy of your own? Share your golden trading tips in the comments below! š
š Trumpās Media and Technology Group is set to fully acquire Bakkt, with Trump keeping his 53% stake in the company. š Boosted by the news, BKKT stock skyrocketed 162.46% by Mondayās close, bringing its market cap to $400M. Meanwhile, Trumpās Media Group saw a 16.65% pop, reaching a $7.11B valuation.
Hereās where it gets even more intriguing:
Bakkt was initially created to let Starbucks customers buy coffee with Bitcoin but has since pivoted to crypto custody and trading services.
The companyās CEO, Kelly Loeffler, has deep Trump ties, having served as a U.S. Senator (R-GA) and co-chaired his inauguration committee.
The acquisition talks come amid Trumpās promotion of his DeFi platform, World Liberty Financial, hinting at a bigger play in blockchain and crypto.
But thereās a twist! Bakktās troubled crypto custody businessāmanaging assets like Bitcoin and Ethereumāis being left out of the deal. Could this be a strategic move for Trumpās expanding media empire?
š With Bitcoin surging over 30% in the last 30 days, this might be just the beginning for blockchain-related stocks.
š Your turn:
Which BTC-related stock gave you the biggest gains?
Do you see more opportunities if Trump takes office again?
š¬ Can profits and community spirit go hand-in-hand? Letās talk below! š
šRewardsļ¼
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š§ Share positions:
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The issue is, where does the company get money to buy the platform.
I guess first he buys bakkt and then he starts a national strategic bitcoin reserve, sending the BTC price to about $5,000,000 and then dumps it all including truth socialā¦
COIN and CLSK! But I sold some coin and bought some mstr yesterday
@CynthiaVogt How about you?