Rumble Buys $17M in Bitcoin as Part of New Treasury Strategy

The video-sharing level Rumble has announced the acquisition of $17 cardinal successful Bitcoin arsenic a portion of its caller treasury strategy. Indeed, the institution took to X (formerly Twitter) to uncover that it has added 188 BTC to its holdings astatine an mean terms of $91,000 per Bitcoin.

Rumble joins a increasing database of companies that person accrued their Bitcoin holdings implicit the past year. It was Michael Saylor’s strategy that was among the archetypal to bash so. Since the institution started purchasing the starring cryptocurrency successful the summertime of 2020, it has spent $21 cardinal on the asset.

JUST IN: Rumble buys 188 Bitcoin worthy $17.1 million.

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Rumble Announces New $17 Million Bitcoin Purchase

The past 2 years person seen a monolithic displacement instrumentality spot successful the cryptocurrency market. Although 2025 has seen prices conflict to increase, the speech of favorable regularisation connected the skyline is acceptable to pb the plus people into a caller era. US President Donald Trump spearheaded that reality, bringing a crypto reserve to the antecedently anti-crypto nation.

That has led a big of businesses to question to besides clasp the thriving plus class. Among them is Rumble, who has announced a $17 cardinal Bitcoin purchase. Indeed, the unreality services supplier unveiled it had acquired 188 BTC arsenic portion of its recently implemented treasury strategy.

Source: Watcher Guru

Also Read: Texas Introduces Bill to Buy $250M successful Bitcoin & Other Crypto

The BTC treasury strategy volition spot the level allocate $20 cardinal to purchasing the starring cryptocurrency. Moreover, the determination reaffirms its content and committedness to some the manufacture and the token itself.

“We are excited to denote these purchases and allocations of Bitcoin arsenic portion of our Treasury strategy arsenic good arsenic a larger strategical determination arsenic we further grow our ties to the crypto industry,” CEO Chris Pavlovski said successful a press release. “These holdings person the imaginable to service arsenic a invaluable hedge against ostentation and volition not beryllium taxable to dilution similar truthful galore overprinted government-issued currencies,” helium added.