Rumble Stock Jumps 9% as CEO Hints at Bitcoin Adoption

Nov 20, 2024 · Rumble Inc (RUM) shares surged by 9% in after-hours trading on Nov. 19, reaching a high of $6.20. The spike came after CEO Chris Pavlovski asked on X whether the company should add Bitcoin to its balance sheet.

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Rumble Stock Jumps 9% As CEO Hints At Bitcoin Adoption

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Rumble Shares Rise 9% As Founder Mulls Scooping Up Bitcoin

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Nov 20, 2024 · Rumble (RUM) shares gained as much as 9%, hitting a high of $6.20 in after-hours trading on Nov. 19 after its founder and CEO Chris Pavlovski had posed the question on …

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Rumble CEO Considers Bitcoin Move: Stock Surges 9% Following ...

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Nov 20, 2024 · Rumble Stock Surges 9%. Rumble’s stock saw an uptick briefly after CEO Chris Pavlovski teased potential Bitcoin adoption as part of the company’s financial strategy. …

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Rumble Stock Jumps 9% As CEO Hints At Bitcoin Adoption

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Nov 20, 2024 · Rumble Inc (RUM) shares surged by 9% in after-hours buying and selling on Nov. 19, reaching a excessive of $6.20. The spike got here after CEO Chris Pavlovski requested on …

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Rumble Stock Rises As CEO Teases Bitcoin Adoption

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Nov 19, 2024 · Prior to the exchange, Rumble's stock had been trading modestly lower on the session, but shares quickly rose to about a 7% gain. At press time, the stock had pulled back …

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Rumble Stock Jumps 9% As CEO Hints At Bitcoin Adoption

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Nov 20, 2024 · Rumble Inc (RUM) shares surged by 9% in after-hours trading on Nov. 19, reaching a high of $6.20. The spike came after CEO Chris Pavlovski asked on X whether the …

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Rumble Stock Rises As CEO Teases Bitcoin Adoption

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Nov 19, 2024 · At press time, the stock had pulled back somewhat, up 3.3% for the day. The price of bitcoin on Tuesday notched a new record high, crossing the $94,000 level for the first time …

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Rumble Stock Jumps 9% As CEO Hints At Bitcoin Adoption

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Rumble Inc (RUM) shares surged by 9% in after-hours trading on Nov. 19, reaching a high of $6.20. ... Rumble Stock Jumps 9% as CEO Hints at Bitcoin Adoption. Rumble Stock Jumps …

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Rumble Stock Soars 9% After CEO Hints At Bitcoin Integration

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Nov 20, 2024 · A prominent video-sharing site, Rumble Inc. (NASDAQ: RUM), saw a significant 9% rise in its stock price following CEO Chris Pavlovski’s suggestion that the company would …

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Stock Jumps As Rumble And Jiva Technologies Bet On Bitcoin For ...

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Nov 26, 2024 · Rumble’s $20 million Bitcoin move. On Nov. 25, Rumble announced that its Board of Directors had approved a plan to allocate up to $20 million from its excess cash reserves for …

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Rumble Stock Up 91%. Tether Investment Sends Video Platform …

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The stock jumped 91% to $3.75, putting Rumble on track for its highest close since June 12, 2023, and marking the largest same-day percentage increase on record, according to Dow …

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Rumble Stock Rises As CEO Teases Bitcoin Adoption - YouTube

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The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter.Video-sharing platform Rum...

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FAQs about Rumble Stock Jumps 9% as CEO Hints at Bitcoin Adoption Coupon?

Should rumble add Bitcoin to its balance sheet?

"Should Rumble add Bitcoin to its balance sheet," asked Pavlovski on X. By itself, the question might have been considered little more than a playful tease, but it quickly drew a response from MicroStrategy's (MSTR) Michael Saylor, who pioneered corporate bitcoin adoption. "Yes," responded Saylor. "I would be happy to discuss why and how with you." ...

How much did Rumble stock go up in 2023?

The stock jumped 91% to $3.75, putting Rumble on track for its highest close since June 12, 2023, and marking the largest same-day percentage increase on record, according to Dow Jones Market Data. The company announced that Tether had agreed to purchase about 103.3 million shares at $7.50 a share. ...

Why did Rumble stock surge Monday?

R umble stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether. The stock jumped 91% to $3.75, putting Rumble on track for its highest close since June 12, 2023, and marking the largest same-day percentage increase on record, according to Dow Jones Market Data. ...

How much will tether pay Rumble?

The company announced that Tether had agreed to purchase about 103.3 million shares at $7.50 a share. Rumble said it anticipates using $250 million to support growth initiatives. The remaining proceeds will fund a self-tender offer for up to 70 million Class A common shares. ...

Does tether investment send Rumble stock up 91%?

Tether Investment Sends Video Platform Soaring. Rumble Stock Up 91%. Tether Investment Sends Video Platform Soaring. R umble stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether. ...

Does Rumble have a 'cancel culture'?

In a blog post, Pavlovski asserted that the company’s stance has differentiated it “from big tech platforms that continue to embrace ‘cancel culture’.” However, Rumble drew criticism for hosting conspiracy theories about Covid-19 vaccines and voter fraud in the 2020 election. ...