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.

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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 …

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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 …

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

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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 voted yes …

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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 …

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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 …

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Rumble Eyes Bitcoin Strategy With $20M Treasury Allocation Plan

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Nov 26, 2024  · Rumble plans to allocate up to $20M of excess cash reserves to Bitcoin for treasury diversification. Rumble sees Bitcoin as an inflation hedge amid rising institutional and …

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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 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 …

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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 …

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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 Allocates $20M To Bitcoin As Part Of Treasury Strategy

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Nov 26, 2024  · Publicly-listed video-sharing and cloud services provider Rumble Inc. has announced its board’s approval to invest up to $20 million of its cash reserves into Bitcoin. The …

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Rumble Inc. Embarks On Bitcoin Treasury Investment Amid …

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Nov 5, 2024  · Under this innovative strategy, Rumble plans to invest up to $20 million in Bitcoin, demonstrating its confidence in Bitcoin as an essential and valuable tool for future strategic …

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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 …

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

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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 …

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

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Nov 25, 2024  · Update (Nov. 26 at 1 am UTC): This article has been updated with more background on Rumble’s announcement and other companies that have recently adopted …

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Rumble Reveals Plans To Invest $20m In Bitcoin Reserves

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

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4 days ago  · Shares of technology company Rumble (RUM-9.13%) are at 52-week highs as of this writing, having jumped roughly 300% in value since lows set back in January. And much of …

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Eric Semler: Not Owning Bitcoin Will Be ‘Irresponsible’ For Public ...

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4 days ago  · Read more: Rumble Unveils $20M Bitcoin Treasury Strategy — CEO Sees ‘a New Era’ Read more: Semler Scientific Acquires Another 211 Bitcoin for $21.5 Million, Raises …

bitcoin.com

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KULR Latest To Add Bitcoin To Corporate Treasury With $21 Million ...

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5 days ago  · Energy company KULR Technology Group unveiled the start of its Bitcoin treasury on Dec. 4 by acquiring 217.18 BTC for approximately $21 million, at an average purchase …

cryptoslate.com

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Tether Moves Bitcoin Worth $780M To Reserve In Largest Move …

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1 day ago  · Furthermore, Tether recently invested $775 million in Rumble, a video-sharing platform known for its free speech ethos. US States Consider Adding Bitcoin To Reserves. …

cryptonews.com

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

Is Rumble taking on debt?

It also hasn't been taking on debt. To the contrary, Rumble has been funding its growth with cash on hand. And I believe that's the right move. After all, the company got its cash from its shareholders in the first place. These shareholders expect it to achieve its long-term vision by actually using this cash. ...

Why are Rumble shares a 52-week high?

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 leap is thanks to a massive $775 million investment from the investment arm of Tether Limited, the company behind the cryptocurrency stablecoin Tether (USDT -0.03%). ...

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