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Rumble Is Ready To Put Millions Into Bitcoin

November 27, 2024
x min read
Rumble Bitcoin
Mentioned:

Rumble has been taking on a battle with censorship. Now, they’re ready for their next challenge: Bitcoin.

What’s happening:

  • Rumble (NASDAQ: RUM) has announced they plan to allocate up to $20M USD of their excess cash into purchasing Bitcoin to hold directly as an asset

Why it matters:

Going deeper:

  • Many notable celebrities and content creators have partnered with Rumble amidst frustrations with censorship on popular social media platforms, including Russell Brand, Donald Trump and others
  • Rumble has also been making a big push towards expanding into gaming and has publicly stated they are incubating new projects which will leverage crypto and digital assets

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