• About Us
  • Careers
  • Contact
No Result
View All Result
Sunday, August 31, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home Business

Rumble Board Approves $20 Million Bitcoin Investment Strategy

26 November 2024
in Business, Crypto, News
Reading Time: 3 mins read
102 8
source: cryptobriefing.com

source: cryptobriefing.com

Rumble, the video-sharing and cloud services platform, revealed that its board has approved a plan to diversify its corporate treasury. 

The strategy includes allocating up to 20 million from its excess cash reserves into Bitcoin, highlighting the company’s growing interest in the cryptocurrency.

The Florida-headquartered public company stated that the decision is intended to accelerate Rumble’s expansion into the cryptocurrency sector. It added that the allocation strategy will involve purchases of up to 20 million at the company’s discretion.

Rumble CEO and Chairman Chris Pavlovski cited the increasing adoption of Bitcoin, fueled by institutional interest and recent political developments in the U.S., as significant factors behind the decision. He emphasized that Bitcoin, “unlike any government-issued currency,” cannot be “diluted through endless money-printing,” describing this characteristic as making it a “valuable inflation hedge […].”

The timing of Rumble’s Bitcoin purchases remains uncertain, as the cryptocurrency faces challenges surpassing the $100,000 milestone. However, the company emphasized that its strategy is flexible and may be adjusted, paused, or discontinued at any point.

Rumble’s decision aligns with a growing trend among public companies adopting Bitcoin for its potential as a store of value and an inflation-resistant asset. Recently, Singapore-based Edutech firm Genius Group launched a podcast addressing the lack of frameworks for adopting a Bitcoin-first strategy. 

CEO Roger Hamilton, alongside board members Thomas Power and Ian Putter, discussed the company’s vision to become an AI-driven, blockchain-based public entity. Inspired by MicroStrategy’s Bitcoin treasury approach, Hamilton stated,

“The only vehicle that will outperform Bitcoin in the long run are companies that add value on top of a Bitcoin balance sheet.”

Meanwhile, U.S.-based Solidion Technology also announced plans to allocate over 50% of its surplus cash reserves to Bitcoin, describing it as a “secure store of value”, an inflation hedge, and a mechanism to maximize shareholder value.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: BitcoinRumble
Share64Tweet40Share11
Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

source: 21shares.com
Crypto

21Shares Files for First U.S. SEI ETF, Joining Race with Canary Capital

29 August 2025
source: u.today
Bitcoin

Bitwise Forecasts Bitcoin Could Hit $1.3 Million by 2035

29 August 2025
source: coindoo.com
Bitcoin

Coinone Debuts Korea’s First Flexible Bitcoin Staking Service

29 August 2025
source: transfi.com
Stablecoin

Venture Capitalists Bet Big on Programmable Stablecoins as Market Hits $280B

29 August 2025

Editors Picks

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

What Are DeFi Options Vaults, and How Do They Work?

What Are DeFi Options Vaults, and How Do They Work?

byOlajumoke Oyaleke
26 June 2025
0

What Are Teardrop Attacks in Crypto?

byOlajumoke Oyaleke
17 June 2025
0

What Are Fractional NFTs, and How Do They Work?

What Are Fractional NFTs, and How Do They Work?

byBlessing Lisafi
7 February 2024
0

Read More

Chain of Thought

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

Your Weekend Crypto Roundup | August 2025 (Week 4)

1 week ago

SUI Ecosystem: Price Prediction, Market Dynamics, and Strategic Developments

1 week ago

How Much Ethereum Do Public Companies Actually Own?

2 weeks ago

Your Weekend Crypto Roundup | August 2025 (Week 3)

2 weeks ago

Ripple vs. SEC Nears Final Countdown: Will August 15 End Crypto’s Longest Court Battle?

3 weeks ago

Cardano Price Prediction 2025–2030: Decentralized Governance, Technical Upgrades, and Investment Outlook

3 weeks ago
Read More

Events

CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Ethereum-Based Meme Project Pepeto ($PEPETO) Surges Past $6.5M in Presale

bychainwire
29 August 2025
0

GCL Subsidiary, 2Game Digital, Partners with KuCoin Pay to Accept Secure Crypto Payments in Real Time

bychainwire
28 August 2025
0

Tether announces plan to bring USD₮ to RGB, advancing native stablecoins on Bitcoin and Lightning

bychainwire
28 August 2025
0

$MBG Token Supply Reduced by 4.86M in First Buyback and Burn by MultiBank Group

bychainwire
27 August 2025
0

Origin Summit Debuts in Seoul during KBW as Flagship Gathering on IP, AI, and the Next Era of Blockchain-enabled Real-World Assets

bychainwire
26 August 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00