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.

cointelegraph.com

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

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YouTube 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. In a Nov. 25statement, …

msn.com

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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 …

ccn.com

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Rumble Approves $20 Million Bitcoin Treasury Investment Plan

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Nov 26, 2024  · The video-sharing platform Rumble has announced plans to invest up to $20 million of its excess cash reserves in Bitcoin. The company’s board approved this treasury …

blockonomi.com

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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 …

btctimes.com

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Rumble Plans To Allocate $20M Of Excess Cash Reserves To Bitcoin

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Rumble, the conservative-leaning video platform, announced on Monday night that it will channel up to $20 million of its extra cash into Bitcoin. As soon as the news broke, Rumble’s stock shot ...

msn.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 To Invest Up To $20 Million In Bitcoin - Morningstar

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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.

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Video Platform Rumble Plans To Buy Up To $20 Million In Bitcoin In …

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Nov 25, 2024  · Rumble , a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to …

cryptocraft.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 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 …

coingape.com

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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 …

thecryptobasic.com

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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 …

coininsider.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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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 BTCUSD at the …

tradingview.com

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Rumble Plans To Invest $20 Million In Bitcoin - Al Bawaba

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Nov 26, 2024  · ALBAWABA – Rumble, the online video platform, web hosting, and cloud services business, announced its plans to invest approximately $20 million in Bitcoin as part of its new …

albawaba.com

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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 …

bitbo.io

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Rumble: Riding The Irrational Exuberance - Seeking Alpha

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4 days ago  · 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 Latest To Add Bitcoin To Corporate Treasury With $21 Million ...

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Dec 26, 2024  · Additionally, online video platform Rumble used $20 million in excess cash to acquire Bitcoin, followed by the Canadian company Jiva Technologies, which bought $1 …

cryptoslate.com

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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 20, 2024  · Self Tender Offer: With the remaining gross proceeds, the Company will fund a self tender offer for up to 70 million shares of Rumble Class A Common Stock at a price per …

businessinsider.com

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Shocking $308 Million Heist: North Korean Hackers Target DMM

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Dec 27, 2024  · Breaking news in the world of cryptocurrency as the FBI confirms North Korean hackers are behind the massive $308 million breach of the DMM Exchange. Could t...

youtube.com

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

Does Rumble have a bitcoin Treasury strategy?

About a month ago, Rumble announced the adoption of a Bitcoin treasury strategy - buying $20 million of Bitcoin at all-time highs - which was rewarded by the market with a 12% rally. Rumble had $132 million in cash at the time (per the Q3'24 report), so the $20 million in Bitcoin may not seem so bad. ...

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. ...

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. ...

Who bought bitcoin?

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 of BTC. In India, tech company Jetking Infotrain became the first publicly traded firm in the country to buy Bitcoin, building a stash equivalent to 26% of its market size. ...

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. ...

Will Microsoft adopt bitcoin as a treasury strategy?

Meanwhile, Michael Saylor, the MicroStrategy chairman who’s basically become Bitcoin’s unofficial cheerleader 001, recently announced plans to pitch Microsoft’s board on adopting Bitcoin as part of its treasury strategy. His timing couldn’t be more perfect. ...

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