Rumble, a Tether-backed video-sharing platform, has made its first Bitcoin acquisition two months after adopting the top crypto as a strategic reserve asset.
On Jan. 20, Rumble CEO Chris Pavlovski announced that the company had purchased Bitcoin on Friday, Jan. 17.
According to him:
“On Friday, Rumble made its first-ever purchase of Bitcoin. It won’t be the last.”
While the amount acquired remains undisclosed, Pavlovski hinted this is just the start of a larger plan to strengthen Rumble’s Bitcoin position.
The purchase aligns with Rumble’s broader crypto strategy. In November 2024, the company revealed plans to invest $20 million in Bitcoin, citing confidence in the asset’s long-term potential.
At the time, Pavlovski noted that Bitcoin adoption was still in its infancy, with momentum building due to supportive policies and growing institutional interest.
He also highlighted Bitcoin’s resilience against inflation, citing its immunity to dilution caused by excessive money
We współpracy z: https://cryptoslate.com/rumble-makes-first-bitcoin-purchase-hints-at-future-acquisitions/
