US President-elect Trump's DJT company is moving ahead with acquisition... Cryptocurrency exchange ”Bakuto” shares surge 162%

Trump Media & Technology (DJT), owned by US President-elect Donald Trump, has acquired cryptocurrency trading platform Bakkt
On the 18th (local time) in the New York market, Vacto's stock price soared 162% from the previous trading day to $29.71.
The stock price then soared by more than 21% in after-hours trading. This was due to a number of overseas media outlets, including the Financial Times in the UK, reporting that "DJT is pursuing the acquisition of Bacto."
According to FactSet, a trading firm, Vact, which went public in October 2021, earned $53.1 million in revenue last year and had a market capitalization of $1.2 billion as of Monday's closing price.
The total is $401.1 million. The market capitalization of Trump Media Group is $7.1 billion based on the closing price on this day. There is plenty of room for acquisitions.
Such reports have caused Bakuto's stock price to soar.
Not only Bakuto but also DJT's stock price soared by about 17%. On that day, DJT's stock price soared by 16.55% to 32.78
The transaction closed at $100.