Rumble announced on March 12, 2025, that it has purchased approximately 188 Bitcoin, totaling $17.1 million, for its corporate treasury. This acquisition was made at an average price of approximately $91,000 per coin, consistent with the company's previously announced Bitcoin treasury strategy to allocate up to $20 million.
This move further emphasizes Rumble’s conviction in Bitcoin as a valuable tool for strategic planning and reinforces the company’s expansion into cryptocurrency. Rumble Chairman and CEO Chris Pavlovski stated that these holdings have the potential to serve as a valuable hedge against inflation.
The company is integrating crypto into its DNA and aims to become a leading video and cloud services platform for the crypto community. The timing and value of any additional Bitcoin purchases will remain at management's discretion, based on market conditions and cash needs.
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