Rumble Announces Bitcoin Treasury Strategy - GlobeNewswire

Nov 25, 2024  · Rumble Announces Bitcoin Treasury Strategy. November 25, ... Rumble’s Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million.


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Rumble Announces Bitcoin Treasury Strategy - GlobeNewswire

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Nov 25, 2024  · Rumble Announces Bitcoin Treasury Strategy. November 25, ... Rumble’s Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million.

globenewswire.com

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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.

cointelegraph.com

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Rumble's Bitcoin Treasury: A $20 Million Allocation - BeInCrypto

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Nov 26, 2024  · Rumble, a video-sharing and cloud services platform, is making a big move into crypto with a Bitcoin treasury strategy. The company plans to use its cash reserves to buy …

beincrypto.com

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Rumble Approves $20 Million Bitcoin Treasury Investment Plan

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Nov 26, 2024  · In the biotech sector, Anixa Biosciences announced on November 22 its plans to allocate part of its treasury to Bitcoin. The cancer-focused research company cited Bitcoin’s …

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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC …

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Bitcoin (BTC) corporate adoption continues to gain momentum as video-sharing and cloud services platform Rumble recently unveiled a BTC treasury strategy. This move aligns with a …

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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 Adopts Bitcoin Treasury Strategy, Echoing Moves By

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Nov 25, 2024  · Publicly listed Rumble Inc, a video-sharing and cloud services provider, announced Monday its board has approved a strategy to allocate up to $20 million of its cash …

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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 To Allocate Up To $20M For Bitcoin Treasury Strategy

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Nov 26, 2024  · Rumble announced it is adopting a Bitcoin treasury strategy. Rumble on X. ... It is allocating up to $20 million of its cash reserves toward Bitcoin. ... Rumble is jumping into the …

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Rumble Announces $20 Million Bitcoin Treasury Strategy

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Rumble, the video-sharing platform and cloud services provider, has officially announced plans to allocate up to $20 million of its cash reserves to Bitcoin. The move highlights Rumble’s …

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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 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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YouTube Rival Rumble Announces Up To $20,000,000 Allocation To …

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Nov 27, 2024  · YouTube rival Rumble says it will allocate up to $20 million of its excess cash reserves toward Bitcoin (BTC). The online video platform announced in a press release this …

dailyhodl.com

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Rumble Announces $20 Million Bitcoin Treasury Strategy

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Nov 26, 2024  · Rumble will allocate up to $20 million of its cash reserves to Bitcoin as part of a new strategy. CEO Chris Pavlovski emphasized Rumble's focus on the crypto and gaming …

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Rumble Inc. Embarks On Bitcoin Treasury Investment Amid …

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Nov 5, 2024  · Under this innovative strategy, Rumble plans to invest up to $20 million in Bitcoin, demonstrating its confidence in Bitcoin as an essential and valuable tool for future strategic …

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Rumble’s Bold Move: $20 Million Bitcoin Treasury Strategy

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Rumble, the video-sharing platform challenging the status quo, has announced a significant shift in its treasury management strategy. The company plans to allocate up to $20 million to …

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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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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC …

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Nov 27, 2024  · The YouTube competitor is the latest company to join the Bitcoin bandwagon, as its Board of Directors approved a corporate treasury diversification strategy that allocates a …

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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC …

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Nov 27, 2024  · Rumble Announces Bitcoin Treasury Strategy, Stock Rises. ... As part of this strategy, Rumble plans to purchase up to $20 million worth of BTC. The company described …

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Tether Invests $775 Million In Rumble Following YouTube Rival's …

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Dec 21, 2024  · Stablecoin issuer Tether announced on Friday that it is investing $775 million in streaming video platform Rumble, a rival to YouTube that bills itself as an anti-censorship …

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KULR Latest To Add Bitcoin To Corporate Treasury With $21 Million ...

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2 days ago  · Additionally, online video platform Rumble used $20 million in excess cash to acquire Bitcoin, followed by the Canadian company Jiva Technologies, which bought $1 million worth …

cryptoslate.com

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Rumble Announces $775 Million Strategic Investment From Tether

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LONGBOAT KEY, Fla., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, …

businessinsider.com

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Rumble To Receive $775 Million Strategic Investment From Tether

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Dec 20, 2024  · His pro-cryptocurrency stance, including a plan to create a U.S. bitcoin strategic reserve, has stoked the enthusiasm of crypto bulls, leading to a record rally in bitcoin. Rumble …

yahoo.com

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Tech Firm KULR Scoops Up $21,000,000 Worth Of Bitcoin To Start …

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1 day ago  · Energy management platform KULR Technology is debuting its Bitcoin treasury strategy with the acquisition of $21 million worth of the flagship crypto asset. In a new …

dailyhodl.com

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KULR Invests $21 Million In Bitcoin As Part Of Treasury Strategy

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3 days ago  · On Thursday, KULR Technology Group, Inc (NYSE:KULR) announced that it has completed the purchase of 217.18 Bitcoin (CRYPTO: BTC) for approximately $21 million, at an …

yahoo.com

FAQs about Rumble Announces Bitcoin Treasury Strategy - GlobeNewswire 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 did bitcoin Treasury buy $21 million?

The purchase follows the company’s announcement on December 4 of its Bitcoin Treasury strategy, which announced allocating up to 90% of its surplus cash to BTC. The $21 million BTC purchased since the announcement is the first of ongoing purchases the company intends to make going forward. ...

How much money did tether invest in Rumble?

Transaction Details Investment: Tether has agreed to purchase 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to Rumble. The Company will use $250 million of the proceeds to support growth initiatives. ...

Does KULR invest $21 million in Bitcoin?

This article KULR Invests $21 Million in Bitcoin as Part of Treasury Strategy originally appeared on Benzinga.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. ...

Why did bitcoin go up 47% after the bell?

Shares of the Toronto-based company were up 43.7% in trading after the bell. Cryptocurrencies have soared since Donald Trump won the presidential election. His pro-cryptocurrency stance, including a plan to create a U.S. bitcoin strategic reserve, has stoked the enthusiasm of crypto bulls, leading to a record rally in bitcoin. ...

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. ...

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