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Rumble Announces Purchases of $17.1 Million in Bitcoin in Accordance with Previously Announced Bitcoin Treasury Strategy
RUMRumble (RUM) GlobeNewswire·2025-03-12 20:30

LONGBOAT KEY, Fla., March 12, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that the company has added approximately 188 Bitcoin to its treasury at an average price of approximately 91,000percoin,consistentwithitspreviouslyannouncedBitcointreasurystrategytoallocateupto91,000 per coin, consistent with its previously announced Bitcoin treasury strategy to allocate up to 20 million to Bitcoin. This move further emphasizes Rumble’s conviction in Bitcoin as a valuable tool for strategic planning and reinforces the company’s ...