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

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 …


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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 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 Board Approves $20 Million Bitcoin Investment Strategy

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Nov 26, 2024  · The strategy includes allocating up to 20 million from its excess cash reserves into Bitcoin, highlighting the company’s growing interest in the cryptocurrency. The Florida …

defi-planet.com

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Rumble Adopts Bitcoin Treasury Strategy, Echoing Moves By

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Nov 25, 2024  · Publicly listed Rumble Inc, a video-sharing and cloud services provider, announced Monday its board has approved a strategy to allocate up to $20 million of its cash …

decrypt.co

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Rumble’s Bold Move: $20 Million Bitcoin Treasury Strategy

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Rumble, the video-sharing platform challenging the status quo, has announced a significant shift in its treasury management strategy. The company plans to allocate up to $20 million to …

bitday.net

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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 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 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 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 …

coingape.com

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Rumble Unveils $20 Million Bitcoin Treasury Plan

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Jul 11, 2024  · Rumble has approved a $20 million Bitcoin treasury plan to hedge against inflation and ensure future growth. ... Video-sharing platform Rumble is jumping headfirst into the …

coinbackyard.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  · Additionally, the move may encourage other tech companies to explore similar strategies, further legitimising BTC as a corporate treasury asset. Rumble’s decision to …

coininsider.com

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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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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC …

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Bitcoin (BTC) corporate adoption continues to gain momentum as video-sharing and cloud services platform Rumble recently unveiled a BTC treasury strategy. This move aligns with a …

newsbtc.com

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

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Nov 26, 2024  · Video-sharing platform Rumble has made headlines with its bold move into cryptocurrency. On November 25, the company announced its decision to allocate a signif ...

analyticsinsight.net

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Rumble's Bold Move: $20 Million Bitcoin Investment Set To …

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Nov 26, 2024  · In a groundbreaking move that could redefine the landscape of video-sharing platforms, Rumble has announced its decision to invest up to $20 million in BITCOIN as part of …

moneymadeeazy.com

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Rumble To Allocate Up To $20M For Bitcoin Treasury Strategy

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Nov 26, 2024  · It is allocating up to $20 million of its cash reserves toward Bitcoin. ... Crypto Community Celebrates Rumble's 'Smart' Move. ... Rumble is jumping into the Bitcoin treasury …

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 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 …

csimarket.com

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Rumble Announces $20 Million Bitcoin Treasury Strategy

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Nov 26, 2024  · Rumble will allocate up to $20 million of its cash reserves to Bitcoin as part of a new strategy. CEO Chris Pavlovski emphasized Rumble's focus on the crypto and gaming …

readwrite.com

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Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC …

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Nov 27, 2024  · The YouTube competitor is the latest company to join the Bitcoin bandwagon, as its Board of Directors approved a corporate treasury diversification strategy that allocates a …

tradingview.com

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Rumble: Riding The Irrational Exuberance - Seeking Alpha

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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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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 20, 2024  · Investment: Tether has agreed to purchase 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to …

businessinsider.com

FAQs about Rumble's Bitcoin Treasury: A $20 Million Allocation - BeInCrypto 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. ...

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. ...

How much money did tether invest in Rumble?

Transaction Details Investment: Tether has agreed to purchase 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to Rumble. The Company will use $250 million of the proceeds to support growth initiatives. ...

How many shares will Rumble stockholders be able to tender?

Certain Rumble stockholders have signed support agreements committing to tender 70 million shares in the aggregate, subject to the same proration and other terms of the tender offer that apply to all Rumble stockholders participating in the tender offer. ...

What is Rumble?

ABOUT RUMBLE Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble's mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com. ...

Did Rumble play the 2024 market game well?

This article comments on the general market exuberance and uses Rumble as an example of a company that played the 2024 market game well. Benjamin Graham famously said that in the short run, the market is a voting machine, but in the long run, it is a weighing machine. And boy, have people been doing a lot of wild voting lately. ...

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