Close Menu
Cryprovideos
    What's Hot

    Prime Crypto Presale Initiatives 2025: Nexchain, Web3 AI & BlockDAG

    June 6, 2025

    Might Labor Market Shock Overtake Inflation as Bitcoin’s Subsequent Macro?

    June 6, 2025

    Tesla TSLA Inventory Data Worst Day Since 2020 Following Trmup-Musk Public Soften Down – BlockNews

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Rumble Invests $17.1M in Bitcoin, Shopping for 188 BTC – Bitbo
    Rumble Invests .1M in Bitcoin, Shopping for 188 BTC – Bitbo
    Bitcoin

    Rumble Invests $17.1M in Bitcoin, Shopping for 188 BTC – Bitbo

    By Crypto EditorMarch 13, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Rumble Invests $17.1M in Bitcoin, Shopping for 188 BTC – Bitbo

    Key Takeaways

    • Rumble bought 188 Bitcoin for $17.1 million at $91K per coin.
    • The funding is a part of Rumble’s plan to allocate as much as $20 million to Bitcoin.
    • Tether beforehand invested $775 million in Rumble final 12 months.

    Nasdaq-listed video-sharing platform Rumble (RUM) has acquired 188 BTC for $17.1 million, the corporate introduced.

    The acquisition was made at a median worth of $91,000 per Bitcoin.

    Strategic monetary transfer

    The transfer aligns with Rumble’s beforehand disclosed plan to allocate as much as $20 million of its money reserves to Bitcoin.

    CEO Chris Pavlovski emphasised that holding Bitcoin serves as a hedge in opposition to inflation and avoids the dilution dangers related to government-issued currencies.

    Pavlovski acknowledged:

    These holdings have the potential to function a precious hedge in opposition to inflation and won’t be topic to dilution like so many overprinted government-issued currencies.

    Future purchases & market circumstances

    Rumble famous that future Bitcoin purchases would depend upon elements comparable to market circumstances, Bitcoin’s worth, and the corporate’s money circulation necessities.

    Tether’s funding & market response

    The corporate’s funding in Bitcoin comes months after stablecoin issuer Tether took a $775 million stake in Rumble late final 12 months.

    Following the announcement, Rumble’s inventory worth closed down 2.38% within the final buying and selling session however noticed an almost 4% improve in pre-market buying and selling, reaching $8.10.

    Bitbo Dashboard → / Authentic Article

    Get extra information like this

    Twice-weekly Bitcoin-only publication by Bitbo.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Might Labor Market Shock Overtake Inflation as Bitcoin’s Subsequent Macro?

    June 6, 2025

    New BTC Layer 2 ICO ‘Bitcoin Hyper’ Raises $500K – Finest New Cryptocurrency to Purchase?

    June 6, 2025

    Bitcoin Cycle Prime Is In—$270,000 Delayed Till 2026, Says Analyst

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025
    Latest Posts

    Might Labor Market Shock Overtake Inflation as Bitcoin’s Subsequent Macro?

    June 6, 2025

    New BTC Layer 2 ICO ‘Bitcoin Hyper’ Raises $500K – Finest New Cryptocurrency to Purchase?

    June 6, 2025

    Bitcoin Cycle Prime Is In—$270,000 Delayed Till 2026, Says Analyst

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Palantir Is Violating Its Personal Rules By Avoiding A Bitcoin Treasury

    June 6, 2025

    Michael Saylor’s Technique ups Bitcoin wager with $1B inventory providing

    June 6, 2025

    Bitcoin Worth Might Drop Beneath $100,000: Right here’s Why It’s Seemingly Regardless of Rising Accumulation

    June 6, 2025

    Bitcoin May Crash by Double-Digit Proportion Factors in a ‘Fast Transfer’ if This Assist Stage Fails, Warns Crypto Dealer – The Each day Hodl

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Bitcoin Approaching $84K: Why BTC Bull Token Is the Finest Crypto Presale to Purchase

    March 16, 2025

    Goldman Sachs CEO David Solomon Says Financial institution Wants Rules To Change Earlier than Crypto: Report – The Day by day Hodl

    December 12, 2024

    Ripple Pronounces One in all Largest Offers in Crypto Historical past, First U.S.-Primarily based XRP ETF Debuts with 'Very Respectable' Buying and selling Quantity: Crypto Information Digest by U.At this time

    April 10, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.