Rumble Invests $17.1M in Bitcoin – A Bold Move Into Crypto

Rumble (NASDAQ: RUM) has purchased 188 Bitcoin worth $17.1M as part of its crypto strategy.

[{"selector":"#anim-8ae51316-a47a-4d3c-a84b-957ad0d31c7d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-99d49ece-c5d9-43a3-b5cd-b66c33e0fbc6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-032b32ae-da5a-4cc2-a8c4-3744f93ea195","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The company acquired Bitcoin at an average price of $91,000 per coin.

[{"selector":"#anim-807e1e41-62de-4ea3-b1c1-ba08592402f6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.270808830601524%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-70afd2e0-7f05-43d3-8ee3-0315c56c8065","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21a6e5d5-988b-4eaa-9372-c9f1fa2143c5","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Rumble aims to allocate up to $20M into Bitcoin for long-term value.

[{"selector":"#anim-15ca2664-9f7c-454a-a542-f8e81fb88d01 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.305805101729895%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-fa2b9a57-8569-4688-b14c-d2be8d1133ce","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fcbd9ea-d3c3-40f1-915f-68f1529f99b5","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Chris Pavlovski says Bitcoin holdings act as a hedge against inflation.

[{"selector":"#anim-79bc4bf6-f20a-4016-b460-a07641b586a8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-26.502222275276598%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-7109ea1b-826a-4fcf-99b5-d10cbbdb654a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a8ab27d2-0a87-4642-bec4-5a2f53cbe8a1","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Unlike government-printed money, Bitcoin offers scarcity and stability.

[{"selector":"#anim-f9df4321-153d-468b-b4ad-1546114b23d1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-eb4449a2-f93e-4fe1-a2de-47479a6c9094","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0fe93fe-ea90-4442-9cd5-89a2721ebcc4","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Rumble continues to integrate crypto into its video and cloud services.

[{"selector":"#anim-63147563-44ec-44b8-a641-6d755486b66c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.18117581425754%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5e51db53-5b8f-4d01-b679-6edb586fc4bd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-220a42b2-785f-421e-9048-8e862f1416a1","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The company believes Bitcoin adoption is rising due to institutional interest.

[{"selector":"#anim-205dc42e-8a5e-455f-9359-8151499b0997 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.60937487627048%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-4f4438c8-99cc-425f-ba4e-ed99f760c49d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ccc8cf07-8df5-4a1b-b44f-fd51f345b7bc","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

More acquisitions depend on market conditions and Rumble’s financial strategy.

[{"selector":"#anim-af21080d-73cb-4bc5-ae04-296fee55f484 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a63013f5-7341-48da-a92e-f2506bdfb159","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0a37c3c-ea83-4b66-805d-0aa8eeec1adb","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Rumble strengthens its position in digital assets for long-term growth.

[{"selector":"#anim-3c4256b2-f8a2-4518-870c-7c86d37e0d94 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.26915548389793%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-695e7e6a-f1ac-4ad2-b35a-a9d4c500ea02","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a9ef39ab-88a7-4741-8762-a05cf661a4dd","keyframes":{"transform":["translate3d(120.61855%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Is It Too Late to Invest in Bitcoin?

[{"selector":"#anim-6f7c95b6-e35e-4c02-a692-7aa8742c6be0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.815661988236662%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-4a912fce-cf70-4f2a-93c8-76d557d6f1a1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2617e9f-e86f-4c11-be2b-a7b8f03fa8ac","keyframes":{"transform":["translate3d(-167.96116%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7b6c5fd0-f71d-4aa9-92de-cba87a112bda","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-652f1b4f-d5ec-43f8-993c-81923b284c92","keyframes":{"transform":["translate3d(-167.96116%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62b31e24-8372-4d4f-bc25-f55a4c9ad6f2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c74af605-2404-4593-886f-c985c79d9701","keyframes":{"transform":["translate3d(146.93877%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f88c71f-6ebb-4595-8b74-7108931aa337","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d4fb004-7f67-475d-aa87-eae3e9854ea4","keyframes":{"transform":["translate3d(134.70586%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]