Rumble to invest up to $20 million in Bitcoin from its cash reserves

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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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 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 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 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 …

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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 …

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

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Nov 26, 2024  · Rumble will allocate up to $20 million of its cash reserves to Bitcoin, aiming to hedge against inflation and store long-term value. This move aligns with Rumble’s focus on …

beincrypto.com

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Rumble To Invest Up To $20M In Bitcoin - MarketWatch

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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. Its …

marketwatch.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 Allocate Up To $20M For Bitcoin Treasury Strategy

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Nov 26, 2024  · The move comes as more companies find interest in allocating some of their cash reserves to invest in the world's largest cryptocurrency by market value upon witnessing …

ibtimes.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 Plans To Allocate $20M Of Excess Cash Reserves To Bitcoin

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Dec 12, 2024  · 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, …

cryptopolitan.com

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

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Artificial intelligence firm Genius Group also took steps on Nov. 18, purchasing 110 Bitcoin for $10 million, with plans to have its reserves hold up to 90% Bitcoin in the future.

msn.com

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Rumble Reveals Plans To Invest $20m In Bitcoin Reserves

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5 days ago  · Video-sharing platform Rumble has announced its intent to diversify its financial strategy by allocating up to $20 million of its excess cash reserves into Bitcoin. The move …

thearabianpost.com

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Rumble Joins Bitcoin Bull Run With $20 Million Investment

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Nov 26, 2024  · Rumble is investing up to $20 million in Bitcoin to diversify its cash reserves and protect against inflation. ... Rumble’s Board of Directors recently approved the Bitcoin …

coinpedia.org

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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., a video-sharing platform and cloud services provider, has unveiled a bold step in its corporate treasury strategy by approving a plan to allocate up to $20 million of …

business-news-today.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 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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KULR Latest To Add Bitcoin To Corporate Treasury With $21 Million ...

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2 days ago  · Bitcoin miner Hut 8 recently announced a $500 million plan to add more BTC to its reserves, while Marathon Digital added 15,574 BTC last week after issuing nearly $2 billion in …

cryptoslate.com

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The Company Behind The World's Third-Largest ... - The Motley Fool

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1 day ago  · Shares of technology company Rumble (RUM-6.39%) are at 52-week highs as of this writing, having jumped roughly 300% in value since lows set back in January. And much of its …

fool.com

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Tether Invests $775M In Rumble Sparking Stock Price Jump

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Dec 20, 2024  · These developments come just weeks after the video-sharing platform announced its intention to allocate up to $20 million of its treasury to Bitcoin. The decision reflects …

coingape.com

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Tether's $775M Bet On Rumble: A Move To Challenge YouTube

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Dec 21, 2024  · Rumble will also use part of the investment to fund a self-tender offer for up to 70 million of Rumble’s common stock. The board of directors also gave a green light to investing …

cryptopolitan.com

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Why Rumble Stock Is Skyrocketing Today - Yahoo Finance

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3 days ago  · The streaming-video company's share price was up 34.6% as of 11:45 a.m. ET. Rumble stock is continuing to rocket higher on the news that the company is set to receive …

yahoo.com

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Here’s What’s Happening With Rumble (RUM) Stock This Week

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5 days ago  · Rumble Inc. (NASDAQ: RUM), a video-sharing platform, made headlines this week as its stock surged over 100% on December 23, reaching $14.30. The rally comes on the back …

finbold.com

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Video Platform Rumble Rallies On $775 Million Investment From An …

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S hares of Rumble Inc. rocketed higher after hours on Friday after the right-leaning video platform said it landed a $775 million investment from Tether, a giant in the crypto world whose digital ...

msn.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  · In November, YouTube rival Rumble announced that its board of directors voted to approve a corporate treasury diversification strategy that allocates a portion of the company’s …

dailyhodl.com

FAQs about Rumble to invest up to $20 million in Bitcoin from its cash reserves 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 much bitcoin will Rumble buy?

By Connor Hart 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. ...

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. ...

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. ...

How much money will Rumble use to fund its growth?

Rumble — a company that prides itself on what it describes as “technologies that are immune to cancel culture” — said that it would use $250 million of the proceeds to fund its growth and the rest for a self tender offer for up to 70 million of its common shares. ...

Is Rumble a play in the crypto market?

Prior to the Tether announcement, Rumble announced that it was looking to make Bitcoin investments a substantial part of its balance sheet. The news corresponded with big gains for the stock and helped establish the foundations for its stock being considered a play in the crypto market. ...

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