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Bitcoin

Rumble plans to buy up to $20 million in bitcoin in new treasury strategy

Conservative video platform Rumble said it will begin allocating some of its excess cash reserves to bitcoin and could buy up to $20 million in the crypto.

By: CNBC
  • Nov 27 2024
  • 13
  • 276 Views
Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
Rumble plans to buy up to $20
Rumble , a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose more than 2% in extended... [2168 chars]

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