Rumble To Allocate up to $20M for Bitcoin as Part of New …

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 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 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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Video Sharing Platform Rumble To Allocate Up To $20m In Bitcoin …

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Nov 26, 2024  · Public video-sharing platform Rumble said Monday it plans to allocate up to $20 million in Bitcoin for its crypto treasury. Rumble, a video-sharing and cloud services provider, …

crypto.news

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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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Video-Sharing Platform Rumble Invests $20M In Bitcoin, Company …

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Video-sharing platform Rumble announced on Monday, 25 November 2024, its decision to allocate up to $20 million of its excess cash reserves to Bitcoin. The company’s shares rose …

99bitcoins.com

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Rumble Diversifies Treasury With $20M Bitcoin Allocation

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Nov 26, 2024  · Rumble, a video-sharing platform popular for its alternative stance to mainstream platforms, has announced a strategic shift in its corporate treasury. The company’s Board of …

cryptodaily.co.uk

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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 at the …

cointelegraph.com

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

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Nov 26, 2024  · In the age of Bitcoin institutional adoption, video-sharing platform Rumble has announced its Board of Directors has approved a corporate treasury diversification strategy …

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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 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 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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Rumble is a video-sharing platform with roughly 67 million monthly active users and is known for having a more lenient approach to content moderation than other similar services. Firms …

msn.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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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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Video-sharing Platform Rumble Invests $20 Million Into Bitcoin

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Nov 26, 2024  · Video-sharing platform Rumble announced that it plans to allocate up to $20 million in Bitcoin for its crypto treasury. The video-sharing and cloud services company …

nairametrics.com

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Video Platform Rumble Announces $20M Bitcoin Investment

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Nov 26, 2024  · The video-sharing platform Rumble has announced plans to diversify its corporate treasury by allocating a portion of its excess cash reserves to Bitcoin. The company’s Board of …

cryptonews.com

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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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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's $20M Bitcoin Bet Shakes Up Treasury Strategy

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Nov 26, 2024  · Rumble plans to allocate up to $20M in Bitcoin, showcasing confidence in cryptocurrency’s potential as a strategic asset. ... The video-sharing platform Rumble, an …

bitdegree.org

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Tether Takes $775M Stake In Video-Sharing Platform Rumble

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Dec 20, 2024  · Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of …

coindesk.com

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Rumble Stock Price Today: RUM Soars On Tether Investment - Fast …

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Dec 23, 2024  · Following the news, Rumble Inc. shares (NASDAQ: RUM) skyrocketed up almost 94% as of 11 a.m. ET on Monday, inching near $14. The stock had previously peaked at …

fastcompany.com

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Rumble Stock Doubles In 1 Day. What’s Behind The Surge.

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Dec 23, 2024  · Rumble Inc. stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether.

barrons.com

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Tether To Inject $775Mn Into Video-sharing Platform Rumble

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Dec 21, 2024  · On the financial part, Rumble’s revenue for the quarter ending September 30, 2024, reached $25.06M, reflecting a 39.34% growth. The company’s total revenue for the past …

thetechportal.com

FAQs about Rumble To Allocate up to $20M for Bitcoin as Part of New … 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 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 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. ...

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 rum shares be used to buy Bitcoin (BTC)?

RUM shares have rocketed higher by 41% in after hours action to $10.13. It is not known if any of the proceeds will be used to put bitcoin (BTC) on the Rumble balance sheet. Pavlovski in November had teased an interest in his company possibly buying bitcoin. ...

What is Rumble & how does it work?

Rumble is a video-sharing platform with roughly 67 million monthly active users and is known for having a more lenient approach to content moderation than other similar services. Rumble joins the growing list of other firms that have taken the plunge and added Bitcoin to their balance sheets this year. ...

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