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Right-Wing YouTube Competitor Rumble Adds 188 BTC to Treasury

The video-sharing site is the latest company to put bitcoin on its balance sheet.

Right-Wing YouTube Competitor Rumble Adds 188 BTC to Treasury

Video platform Rumble has acquired approximately 188 Bitcoin Bitcoin for $17.1 million, averaging $91,000 per coin, as part of its strategy to integrate cryptocurrency into its treasury management.

What’s the Scoop?

  • Significant Acquisition: Rumble has bought 188 Bitcoin for $17.1 million, marking a substantial addition to its treasury.
  • Treasury Strategy: The company previously said it plans to allocate up to $20 million to Bitcoin, viewing it as a hedge against inflation.
  • Crypto Alignment: Rumble aims to strengthen its position in the crypto community by integrating Bitcoin into its financial strategies.

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