HOLY F! TRUMP (Musk?) TO BUY CRYPTO APP BAKKT?!?!

hey this is totally unexpected but

apparently djt so Donald Trump's truth

social may be interested in acquiring

backed crypto that's B A kkt crypto now

back in the day like the Heyday the last

cycle around when we hit 69,000 like 420

uh you know 3 years ago or whatever Back

crypto actually had an app on the iPhone

app store and I remember downloading it

and investing I don't know I think it

was a th000 bucks into the back AP and

and we were playing around with the app

we're like oh this is kind of cool

because it was a spa back then so it was

part of the spack Mania you know the

blank check companies they take these

small cap companies public or whatever

well this company was trading for

somewhere around a $100

million in market cap as of about an

hour ago uh actually probably less than

an hour ago at this point and that's

because the company loses like 25 to $50

million per quarter I think their app

got delisted from the App Store just in

the whole crypto regulation world or

whatever but now the stock has more than

doubled and one of the reasons the stock

has more than doubled in just the last

few minutes is because now and back

mentioned this back in June that they

were open to a potential sale but nobody

knew potentially to whom I mean you got

plenty of crypto apps you know Mumu

crypto.com coinbase whatever but now

there's a rumor that truth social might

buy it which is really crazy because now

you're basically integrating the

president of the United States and his

company potentially having crypto

Services either built into to truth

social or X more on that in a moment but

then also being able to from The Other

Side open the pathways to regulation you

know Gary gendler's quitting you're

going to expect shakeups at the SEC

maybe even people quitting new

regulation and Pathways for on-ramps

off-ramps uh fundraising through crypto

maybe even tokenizing real estate in in

a way that you know the SEC isn't going

to sue everybody for it's probably why

the back app is gone anyway there

probably just plenty of lawsuits or

whatever and so what's remarkable is

this could actually now going back to

Twitter X this could actually connect to

Elon musk's payment platform plans think

about this for a moment there's talk

that truth social and X might somehow

form a partnership or merge well Elon

Musk has always talked about making x a

fin cial Services payment platform

because X was his original idea for the

name for PayPal went with PayPal ended

up selling that after that got into you

know SpaceX and then eventually Tesla

and otherwise well think about like the

Synergy you have now potentially between

and and then we'll talk about what this

actually means for that spack the stock

think about the potential synergies

truth social the power of X and social

and now a financial services payment

platform they've got the infrastructure

built out they really just need the

regulatory clearance and the funding

well funding is going to come from the

stock skyrocketing but also potentially

Elon Musk and you know truth social the

money that they've raised you know the

stock has done very well truth socials

especially leading up to Trump's

presidency uh and and and we've got past

the lockups now which is great that

pushed it all the way down to like $11

which is

wild and then the potential partnership

with Elon there are like endless

opportunities here so basically people

are just kind of like swipe uping Market

ordering right now B A kkt just be

careful this is just a rumor right now

so like if the rumor dies the stock is

just going to collapse back to a $100

million market cap so just know that's

roughly where it was before so if for

some reason tomorrow this is trading at

like 10x and it's trading at a billion

dollars just realize it could go down

90% like instantaneously if if this

doesn't go through too many conflict of

issue interest issues whatever I do

suspect they're going to be a lot of COI

issues conflict of interest issues

mostly because you're already getting

talk about some Senators even

Republicans grumbling that like elon's

getting a little too close and he's not

part of government and uh you're going

to get more and more of that so just

know between now and auration day

there's going to be a lot of speculative

sort of hopium trading which is fine

like go make money but just know it can

flip very quickly to the downside if

those plans don't pan out but yeah just

to be very clear

they are crypto service platform I'm

pretty sure they still have $1,000 of

mine I wonder what it's worth now I

should go check but I can't cuz there's

no app so I have to figure that out but

anyway um ba kkt lose money like crazy

they were looking for a sale because

they were basically going to go bankrupt

and now there's a rumor that djt might

get involved in acquiring them crazy

world this Trump presidency gets more

and more entertaining every day