Rumble, a video streaming platform competing with YouTube, has entered the cryptocurrency Market by purchasing Bitcoin for the first time, as confirmed by CEO Chris Pavlovski. He mentioned that this initial acquisition, made on January 17, will not be the last, indicating potential future purchases. Detailed information about the amount purchased was not shared, but ...
Rumble, a video-sharing platform supported by Tether, has successfully made its first acquisition of Bitcoin, two months after designating it as a strategic reserve asset. CEO Chris Pavlovski announced the purchase on January 20, emphasizing that this is just the beginning of Rumble’s plan to bolster its Bitcoin holdings. The amount purchased remains undisclosed, but ...
Rumble, Canada’s largest video-sharing platform, has made its first Bitcoin purchase as part of its financial strategy, investing $20 million. This decision reflects a broader trend where public companies embrace Bitcoin as a reserve asset. Following the announcement, Rumble’s stock rose over 5%, joining other firms like MicroStrategy and Marathon Digital in their Bitcoin investments. ...
Shares of Rumble, a growing tech company, have reached their highest point in a year, rising about 300% since January. This surge is largely due to a significant investment of $775 million from Tether, the firm behind the major cryptocurrency stablecoin, Tether (USDT). Tether, now the third-largest cryptocurrency, boasts a Market cap of nearly $140 ...
Shares of Rumble, a technology company listed on NASDAQ, have surged about 300% recently, reaching 52-week highs, mainly due to a significant $775 million investment from Tether Limited, the entity behind the stablecoin Tether. Unlike typical cryptocurrencies, Tether maintains a stable value and has a Market cap of nearly $140 billion. While Rumble aims to ...
Shares of Rumble, a tech company, have surged about 300%, reaching 52-week highs, largely due to a significant $775 million investment from Tether Limited, known for its stablecoin Tether. This influx of cash has eased investor concerns about Rumble’s liquidity challenges as it pursues ambitious goals to compete with giants like YouTube and AWS. Despite ...
Rumble, a tech company listed on NASDAQ as RUM, has seen its stock price rise dramatically, increasing around 300% since January, largely due to a $775 million investment from Tether, the firm behind the popular stablecoin. Tether, valued at nearly $140 billion, is the third-largest cryptocurrency but offers stability unlike Bitcoin and Ethereum. Rumble aims ...
Rumble, a technology company, has seen its stock surge by about 300% to reach 52-week highs, largely due to a significant $775 million investment from Tether, the issuer of the popular stablecoin. Tether, the third-largest cryptocurrency by Market cap, ensures that its stablecoin maintains a consistent value, which attracts investors seeking stability in the crypto ...
