Shares of Trump Media & Technology, Donald Trump's social media company, experienced fluctuations after reports emerged that the president-elect is expanding his crypto business by potentially acquiring crypto exchange Bakkt. The news caused Bakkt's shares to surge 162% on Monday and Trump Media shares to increase by 17%. However, Bakkt's rally continued into Tuesday while Trump Media shares declined over 8%. Despite recent gains, Trump Media's stock price has been inconsistent following Trump's victory in the election. Investors seem uncertain about the implications of a Trump win for the company.



Other News from Today