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

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 Boards Bitcoin Bandwagon With $20M Treasury, Taking …

4 weeks from now

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 …

ccn.com

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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 …

cryptoglobe.com

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Rumble Expands Treasury Holdings With $20M Bitcoin Investment

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Nov 26, 2024  · Rumble is investing up to $20 million of its excess cash reserves in Bitcoin. Following the announcement, Rumble’s stock surged 12.63%, reaching $7.31 per share. While …

thenewscrypto.com

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

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Nov 25, 2024  · 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 …

cointelegraph.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 …

cryptobriefing.com

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

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Nov 26, 2024  · MARA Holdings Inc., previously known as Marathon Digital Holdings, reportedly acquired 4,144 BTC between Aug. 12 and 14. On November 18, artificial intelligence firm, …

shib.io

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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 …

blockonomi.com

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Rumble Diversifies Treasury With $20M Bitcoin Allocation

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Nov 26, 2024  · Introduction of Bitcoin Treasury Strategy Rumble, a video-sharing platform popular for its alternative stance to mainstream platforms, has announced a strategic shift in its …

cryptodaily.co.uk

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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 announced its intention to include Bitcoin in its balance sheet, following hints from its CEO on social media on November 19 2024. BTC/USD $105,134.81 -0.16% …

coininsider.com

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Rumble Boosts Treasury With $20M Bitcoin Investment

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Nov 26, 2024  · Rumble approves $20M Bitcoin investment for treasury diversification. The CEO highlights early-stage acceptance and a crypto-friendly US administration. Video-sharing site …

livebitcoinnews.com

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

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Nov 26, 2024  · Rumble Inc.’s foray into Bitcoin investment represents not only a significant financial decision but also a statement of its intent to align with the future of digital finance. By …

business-news-today.com

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Rumble Invests $20M In Bitcoin, Following MicroStrategy’s Lead

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Nov 26, 2024  · Rumble, the video-sharing platform, is investing $20M in Bitcoin as part of a treasury diversification strategy. Following MicroStrategy's lead, Rumble aims to hedge …

analyticsinsight.net

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Rumble To Invest Up To $20M In Bitcoin, Expands Treasury Into ...

4 weeks from now

Nov 25, 2024  · Rumble (NASDAQ:RUM) has announced a corporate treasury diversification strategy that includes allocating up to $20 million of excess cash reserves to Bitcoin. The …

stocktitan.net

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Rumble Expands Treasury Holdings With $20M Bitcoin Investment

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Rumble, a well-known video platform with a conservative audience, has decided to expand its treasury holdings by investing in Bitcoin. The decision, approved by the company's Board of …

blockchair.com

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

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Nov 26, 2024  · Highlighting bitcoin’s immunity to dilution from monetary policies, Pavlovski described it as a “valuable inflation hedge” and a strong addition to the company’s treasury …

bitbo.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 Expands Treasury Holdings With $20M Bitcoin Investment

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Nov 25, 2024  · Rumble is investing up to $20 million of its excess cash reserves in Bitcoin. Following the announcement, Rumble’s stock surged 12.63%, reaching $7.31 | Bitget crypto …

bitget.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 Secures $775 Million Investment From Tether, Stock Soars …

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Dec 23, 2024  · Digital assets company Tether made a $775 million strategic investment disclosed by Rumble (RUM, Financials).After the announcement, Rumble's stock price is up 76%, …

yahoo.com

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

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. ...

Will tether buy Rumble Class A shares?

Warning! GuruFocus has detected 2 Warning Sign with RUM. Under the deal, Tether will buy 103.3 million Rumble Class A Common Stock shares at $7.50 each. From the earnings, Rumble intends to deploy $250 million to support its financial sheet and drive its growth objectives. ...

Why is tether partnering with Rumble?

Tether's CEO, Paolo Ardoino, spoke about the partnership as a means of encouraging decentralization and free speech. Tether also wants to investigate prospects with Rumble in cloud services, crypto payment solutions, and advertising. ...

Will Pavlovski & tether buy Rumble?

Pavlovski will retain his majority share in Rumble after the sale, while Tether will have a minority role devoid of board participation. With usual closing conditions and regulatory clearances in process, the agreement is scheduled to conclude in the first quarter of 2025. ...

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