Rumble Announces Bitcoin Treasury Strategy - GlobeNewswire

LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble , the video-sharing platform and cloud services provider, announced today that its Board of Directors has …

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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 Treasury Strategy

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Nov 26, 2024 · In the age of Bitcoin institutional adoption, video-sharing platform Rumble has announced its Board of Directors has approved a corporate treasury diversification strategy …

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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 Eyes Bitcoin Strategy With $20M Treasury Allocation Plan

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Nov 26, 2024 · Rumble, a video-sharing platform and cloud services provider, has announced its decision to allocate up to $20 million of its corporate treasury to Bitcoin. The move, approved …

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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: Riding The Irrational Exuberance - Seeking Alpha

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Rumble announced the adoption of a Bitcoin treasury strategy - buying $20 million of Bitcoin at all-time highs. Read why I rate RUM stock a Strong Sell.

seekingalpha.com

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KULR Launches Bitcoin Treasury With Purchase Of 217.18

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6 days ago · The purchase follows the Company’s announcement on December 4th of its Bitcoin Treasury strategy in which it announced allocating up to 90% of its surplus cash to BTC.

globenewswire.com

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Genius Group Announces 177% Net Asset Growth In First Half

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4 days ago · SINGAPORE, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Genius Group ... Bitcoin-first education group, today announced its financial results ... Bitcoin Treasury Reserve Strategy …

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Genius Group Increases Bitcoin Treasury By 50% To $30

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2 days ago · As at December 29, 2024, the Company’s Bitcoin Treasury of 319.4 Bitcoin had a market value of $30.4 million based on the Bitcoin price of US$95,060 per Bitcoin.

globenewswire.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. ...

Does Rumble have a treasury diversification strategy?

LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin. ...

What is Rumble's bitcoin allocation strategy?

Rumble’s Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20M. “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. ...

Did Rumble play the 2024 market game well?

This article comments on the general market exuberance and uses Rumble as an example of a company that played the 2024 market game well. Benjamin Graham famously said that in the short run, the market is a voting machine, but in the long run, it is a weighing machine. And boy, have people been doing a lot of wild voting lately. ...

What is Rumble & how does it work?

ABOUT RUMBLE Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com. ...

What determines the timing and value of bitcoin purchases?

The actual timing and value of Bitcoin purchases, if any, under the allocation strategy will be determined by management in its discretion and will depend on several factors, including, among others, general market and business conditions, the trading price of Bitcoin and the anticipated cash needs of Rumble. ...