Rumbles going all-in on Bitcoin! 💰 The video platform announced $17.1M in BTC purchases, averaging around $91k per coin. CEO Chris Pavlovski cited inflation concerns and strategic expansion into crypto as key drivers.
This treasury move aligns with a growing trend of companies using Bitcoin as a hedge. Itll be interesting to see if more follow suit in the current economic climate. https://www.globenewswire.com/news-release/2025/03/12/3041366/0/en/Rumble-Announces-Purchases-of-17-1-Million-in-Bitcoin-in-Accordance-with-Previously-Announced-Bitcoin-Treasury-Strategy