Rumble acquires 188 BTC at $91K average price
March 12, 2025, 1:27 PM
Nasdaq-listed video platform Rumble (RUM) has acquired 188 Bitcoin (BTC) for $17.1 million at an average price of $91,000, CoinDesk reported. The purchase aligns with Rumble’s plan to allocate up to $20 million of its cash reserves to Bitcoin as a hedge against inflation.
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