Rumble to spend up to $20M on Bitcoin in new treasury strategy

Nov 25, 2024  · Video-sharing platform Rumble plans to invest up to $20 million in Bitcoin as part of a new treasury strategy, citing Bitcoin’s potential as an inflation hedge.


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Rumble To Spend Up To $20M On Bitcoin In New Treasury Strategy

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Nov 25, 2024  · Video-sharing platform Rumble plans to invest up to $20 million in Bitcoin as part of a new treasury strategy, citing Bitcoin’s potential as an inflation hedge.

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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC …

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Rumble Announces Bitcoin Treasury Strategy, Stock Rises. ... Rumble plans to purchase up to $20 million worth of BTC. The company described Bitcoin as a “valuable tool for strategic …

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Rumble Boards Bitcoin Bandwagon With $20M Treasury, Taking …

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Nov 26, 2024  · Rumble Joins Bitcoin Race. On Monday, Nov. 25, the company announced it approved a corporate treasury diversification strategy that allocates a portion of its excess …

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Rumble Adopts Bitcoin Treasury Strategy, Will Buy $20M Worth Of …

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Nov 26, 2024  · Online video platform Rumble has joined the Bitcoin (BTC) bandwagon and plans to purchase a significant portion of the digital asset in the future. In a press release on …

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Rumble Diversifies Treasury With $20M Bitcoin Bet, Inspired By ...

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Nov 26, 2024  · Nasdaq-listed video-sharing and cloud services platform Rumble has announced it’s allocating up to $20 million of its cash reserves to Bitcoin as its board of directors approved …

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Rumble Eyes Bitcoin Strategy With $20M Treasury Allocation Plan

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Nov 26, 2024  · Rumble Adopts Bitcoin Strategy With $20M Plan for Treasury Diversification. According to a recent announcement, Rumble plans to allocate up to $20 million of its excess …

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Rumble To Invest Up To $20 Million In Bitcoin From Its Cash Reserves

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Nov 25, 2024  · Rumble plans to invest up to $20 million of its excess cash reserves in Bitcoin as part of a new corporate treasury diversification strategy, the video-sharing and cloud services …

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Rumble Adopts Bitcoin Treasury Strategy, Echoing Moves By

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Nov 25, 2024  · Rumble's move mirrors the path of MicroStrategy, which has become a notable Bitcoin advocate since 2020. The enterprise software firm has over $37.5 billion worth of the …

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Rumble To Allocate Up To $20M For Bitcoin Treasury Strategy

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Nov 26, 2024  · Rumble's Pavlovski said the company believes Bitcoin can be a 'valuable inflation hedge' Crypto users hailed Rumble for making a 'smart business move' at this time Rumble …

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Rumble To Invest Up To $20M In Bitcoin - MarketWatch

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Nov 25, 2024  · Rumble will purchase up to $20 million worth of bitcoin in what the video-sharing platform and cloud-services provider called a corporate treasury diversification strategy. Its …

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Rumble To Spend Up To $20M On Bitcoin In New Treasury Strategy

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Nov 26, 2024  · Rumble to spend up to $20M on Bitcoin in new treasury strategy. November 26, 2024 By News Team ... Rumble chairman and CEO Chris Pavlovski teased the idea of adding …

blockchainnewsgroup.com

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Rumble To Allocate Up To $20M In BTC As Part Of New Treasury …

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On November 25, 2024, Rumble announced that its board of directors approved the strategy, allocating a portion of the company’s excess cash reserves to BTC at its discretion and up to …

coininsider.com

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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC …

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Nov 27, 2024  · As part of this strategy, Rumble plans to purchase up to $20 million worth of BTC. The company described Bitcoin as a “valuable tool for strategic planning.” Rumble CEO and …

kryptonews.com

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Rumble's $20M Bitcoin Bet Shakes Up Treasury Strategy

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Nov 26, 2024  · The decision follows a poll on X, where Rumble CEO and chairman Chris Pavlovski asked followers if the company should include Bitcoin in its reserves.The response …

bitdegree.org

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Rumble Diversifies Treasury With $20M Bitcoin Bet, Inspired By ...

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Nov 26, 2024  · / Rumble Diversifies Treasury with $20M Bitcoin Bet, ... Rumble Announces Bitcoin Treasury Strategy “Rumble’s Bitcoin allocation strategy will include purchases, at the …

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Rumble To Buy Bitcoin Worth $20M Following MicroStrategy's Lead

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Nov 25, 2024  · Online video platform Rumble has announced its plan to purchase $20 million worth of Bitcoin (BTC) as part of its reserve strategy. This move comes shortly after …

cryptonewsz.com

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Rumble Is To Buy $20M Worth BTC As Treasury Diversification …

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Rumble announced that they are going to buy $20M worth of Bitcoin as part of a corporate treasury diversification strategy, and after the announcement, their

bitcoinsensus.com

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Rumble's $20M Bitcoin Bet Shakes Up Treasury Strategy

4 weeks from now

Nov 26, 2024  · The decision follows a poll on X, where Rumble CEO and chairman Chris Pavlovski asked followers if the company should include Bitcoin in its reserves.The response …

bitdegree.org

FAQs about Rumble to spend up to $20M on Bitcoin in new treasury strategy Coupon?

Is Rumble adopting a bitcoin Treasury strategy?

Rumble announced it is adopting a Bitcoin treasury strategy. Rumble on X In the age of Bitcoin institutional adoption, video-sharing platform Rumble has announced its Board of Directors has approved a corporate treasury diversification strategy that will allocate some of its excess cash reserves to Bitcoin. ...

How much bitcoin will Rumble buy?

By Connor Hart Rumble will purchase up to $20 million worth of bitcoin in what the video-sharing platform and cloud-services provider called a corporate treasury diversification strategy. ...

Who is Rumble & why is it a gang member?

Rumble is joining the gang, following in the footsteps of Japanese company Metaplanet, medical manufacturer Semler Scientific, and Chinese tech firm Meitu. It is allocating up to $20 million of its cash reserves toward Bitcoin. ...

Why is MicroStrategy launching a BTC Treasury strategy?

The move comes as more companies find interest in allocating some of their cash reserves to invest in the world's largest cryptocurrency by market value upon witnessing MicroStrategy's success following its early adoption of a BTC treasury strategy. Riding the MicroStrategy Wave ...

Is the world still in the early stages of bitcoin adoption?

"We believe that the world is still in the early stages of the adoption of Bitcoin, which has recently accelerated with the election of a crypto-friendly U.S. presidential administration and increased institutional adoption," said Rumble Chairman and CEO Chris Pavlovski in a statement Monday. ...

Why has bitcoin soared to record highs since the election?

Bitcoin has soared to record highs since the election, boosted by President-elect Donald Trump's pro-crypto stance, anticipation of a more crypto-friendly regulatory environment under his administration and the election of more crypto-friendly lawmakers to Congress. Write to Connor Hart at [email protected] ...

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