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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Rumble To Allocate Up To $20M For Bitcoin As Part Of New …

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Nov 26, 2024  · Rumble, a video-sharing platform, has announced plans to allocate a portion of its cash reserves to Bitcoin, following recent hints from its CEO, Chris Pavlovski, on X. . Should …

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

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Nov 25, 2024  · Rumble, a popular video-sharing platform known for its commitment to free speech and decentralised content, has announced plans to invest up to $20 million in Bitcoin …

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

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Rumble chairman and CEO Chris Pavlovski teased the idea of adding Bitcoin to Rumble’s balance sheets with a Nov. 19 poll on X. Out of 43,790 votes, 93.9% of respondents voted yes …

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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 Allocates Up To $20M To Bitcoin As Part Of New Treasury …

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Nov 26, 2024  · The Board of Directors at Rumble has approved a corporate treasury diversification strategy by confirming plans to add Bitcoin to its balance sheet. The video …

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Rumble Allocates $20M To Bitcoin As Part Of Treasury Strategy

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Nov 26, 2024  · Publicly-listed video-sharing and cloud services provider Rumble Inc. has announced its board’s approval to invest up to $20 million of its cash reserves into Bitcoin. The …

newworldfinance.io

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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 …

ibtimes.com

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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 To Invest $20 Million In Bitcoin As Part Of Strategic Reserve …

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Nov 26, 2024  · Rumble, a leading video and cloud services platform, plans to invest up to $20 million of its cash reserves into Bitcoin. This move is part of the company’s broader strategy to …

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Rumble Invests $20M In Bitcoin, Signaling Major Corporate Crypto …

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Dec 24, 2024  · By allocating up to $20 million of its cash reserves to Bitcoin, Rumble is positioning itself alongside a growing list of companies that view Bitcoin as more than just a …

thefinancialanalyst.net

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Rumble Allocates Up To $20M For Bitcoin In Treasury Strategy

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Video-sharing platform Rumble has announced plans to allocate up to $20 million of its cash reserves to Bitcoin (CRYPTO:BTC) as part of its new treasury strategy. The company’s board …

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Why Rumble Is Betting $20m On Bitcoin—What It Means For The …

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Nov 26, 2024  · Rumble Inc., a video-sharing platform and cloud services provider, has unveiled a bold step in its corporate treasury strategy by approving a plan to allocate up to $20 million of …

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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'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 …

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Rumble Allocates Up To $20 Million For Bitcoin Investments

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Nov 26, 2024  · Rumble, a video-sharing and cloud services platform, is allocating up to $20 million of its cash reserves to Bitcoin as part of its strategy to hedge against inflation and store …

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Rumble Allocates Up To $20 Million For Bitcoin Purchases

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Nov 26, 2024  · Rumble Inc (NASDAQ: RUM), a video-sharing platform and cloud services provider, is moving toward Bitcoin adoption. The Florida-based company plans to allocate part …

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Rumble Allocates Up To $20M To Bitcoin As Part Of New Treasury …

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The Board of Directors at Rumble has approved a corporate treasury diversification strategy by confirming plans to add Bitcoin to its balance sheet. The video-sharing platform’s …

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Rumble To Invest Up To $20M In Bitcoin For Treasury Reserves

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Nov 26, 2024  · Rumble, a video platform popular among conservatives, has announced plans to allocate up to $20 million of its cash reserves to bitcoin. The company shared its new treasury …

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Eric Semler: Not Owning Bitcoin Will Be ‘Irresponsible’ For Public ...

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4 days ago  · Read more: Rumble Unveils $20M Bitcoin Treasury Strategy — CEO Sees ‘a New Era’ Read more: Semler Scientific Acquires Another 211 Bitcoin for $21.5 Million, Raises …

bitcoin.com

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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 20, 2024  · The offer to purchase shares of Rumble Class A Common Stock will only be made pursuant to the offer to purchase, the letter of transmittal and related documents filed as a part …

businessinsider.com

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. ...

Will Rumble add Bitcoin to its balance sheet?

Y ouTube alternative Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet, just days after its CEO teased the idea on social media. ...

When will Rumble buy bitcoin?

According to Rumble, the date for its first Bitcoin purchase will be “determined by management in its discretion and will depend on several factors,” such as the wider crypto market conditions, price of Bitcoin and cash needs of the platform. ...

How much money is a video-sharing company donating to Bitcoin (BTC)?

In a Nov. 25 statement, the video-sharing platform said its board of directors approved the strategy, allocating a portion of the company’s excess cash reserves to Bitcoin (BTC) at the discretion of the company and up to $20 million total. ...

How many shares will Rumble stockholders be able to tender?

Certain Rumble stockholders have signed support agreements committing to tender 70 million shares in the aggregate, subject to the same proration and other terms of the tender offer that apply to all Rumble stockholders participating in the tender offer. ...

What is Rumble & how does it work?

Rumble is a video-sharing platform with roughly 67 million monthly active users and is known for having a more lenient approach to content moderation than other similar services. Rumble joins the growing list of other firms that have taken the plunge and added Bitcoin to their balance sheets this year. ...

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