Logo Blockchair
Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC Treasury Strategy Newsbtc 3 hari yang lalu

Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC Treasury Strategy 🚀

Bitcoin adoption among corporations is accelerating, as evidenced by Rumble's announcement of a Bitcoin (BTC) treasury strategy. This aligns with a global trend of companies embracing Bitcoin as a strategic asset.

Rumble, known for its video-sharing platform, has decided to allocate part of its cash reserves to BTC, planning to purchase up to $20 million worth. This decision was approved by Rumble's Board of Directors as part of a treasury diversification strategy.

Rumble's CEO, Chris Pavlovski, stated that Bitcoin is seen as a valuable tool for strategic planning. He highlighted Bitcoin's resistance to inflation compared to fiat currencies, suggesting it as a hedge against monetary dilution.

This announcement came shortly after a poll on Twitter, where over 93% of respondents supported adding Bitcoin to Rumble's balance sheet. Rumble's stock price surged by 12.63% following the news.

The move mirrors MicroStrategy's approach, which has seen significant returns on investment by holding large amounts of Bitcoin. Such strategies have individual stocks outperforming Bitcoin itself and major indices like the S&P 500.

Speculation continues around other tech giants considering Bitcoin, potentially driving further demand and price increases for the cryptocurrency. Analysts anticipate BTC could reach a six-figure price target soon.

Sumber: www.newsbtc.com ↗

Artikel Serupa (18)

Rumble Adopts Bitcoin Treasury Strategy, Echoing Moves by MicroStrategy Decrypt 5 hari yang lalu
Rumble Adopts Bitcoin Treasury Strategy, Echoing Moves by MicroStrategy
 Rumble to spend up to $20M on Bitcoin in new treasury strategy Cointelegraph 5 hari yang lalu
Rumble to spend up to $20M on Bitcoin in new treasury strategy
Rumble Announces $20M Bitcoin Investment as Part of Treasury Strategy Cryptonews 4 hari yang lalu
Rumble Announces $20M Bitcoin Investment as Part of Treasury Strategy
Rumble Expands Treasury Holdings with $20M Bitcoin Investment TheNewsCrypto 4 hari yang lalu
Rumble Expands Treasury Holdings with $20M Bitcoin Investment
Video-Sharing Platform Rumble Invests $20M In Bitcoin, Company Shares Rise 99Bitcoins 4 hari yang lalu
Video-Sharing Platform Rumble Invests $20M In Bitcoin, Company Shares Rise
Rumble Diversifies Treasury with $20M Bitcoin Allocation Crypto Daily 4 hari yang lalu
Rumble Diversifies Treasury with $20M Bitcoin Allocation
CEO of Rumble announces Rumble cloud and invite bitcoin developers stacker news 4 hari yang lalu
CEO of Rumble announces Rumble cloud and invite bitcoin developers
Bitcoin News: Rumble will also buy 20 million dollars of BTC as a corporate reserve Cryptonomist 4 hari yang lalu
Bitcoin News: Rumble will also buy 20 million dollars of BTC as a corporate reserve
BREAKING: Rumble Announces Bitcoin Treasury Strategy stacker news 5 hari yang lalu
BREAKING: Rumble Announces Bitcoin Treasury Strategy
Video Platform Rumble Announces $20 Million Bitcoin Treasury Allocation Strategy Beincrypto 4 hari yang lalu
Video Platform Rumble Announces $20 Million Bitcoin Treasury Allocation Strategy
Rumble Announces Bitcoin Treasury Strategy stacker news 5 hari yang lalu
Rumble Announces Bitcoin Treasury Strategy
Nasdaq-Listed Giant Company Announces $20 Million Bitcoin (BTC) Move! Bitcoinsistemi 4 hari yang lalu
Nasdaq-Listed Giant Company Announces $20 Million Bitcoin (BTC) Move!
Rumble to add Bitcoin to balance sheet, announces up to $20M investment Ambcrypto 4 hari yang lalu
Rumble to add Bitcoin to balance sheet, announces up to $20M investment
Rumble Unveils $20M Bitcoin Treasury Strategy — CEO Sees ‘a New Era’ Bitcoin.com 3 hari yang lalu
Rumble Unveils $20M Bitcoin Treasury Strategy — CEO Sees ‘a New Era’
Rumble Eyes Bitcoin Strategy With $20M Treasury Allocation Plan Coingape 4 hari yang lalu
Rumble Eyes Bitcoin Strategy With $20M Treasury Allocation Plan
Rumble Considers Adding Bitcoin to Its Balance Sheet Amid Increasing Institutional Adoption Coinotag 5 hari yang lalu
Rumble Considers Adding Bitcoin to Its Balance Sheet Amid Increasing Institutional Adoption
Rumble Considers Bitcoin Investment Strategy Based on Market Conditions and Liquidity Needs Coinotag 5 hari yang lalu
Rumble Considers Bitcoin Investment Strategy Based on Market Conditions and Liquidity Needs
Rumble Considers Up to $20 Million Investment in Bitcoin Amid Growing Corporate Shift Toward Digital Assets Coinotag 4 hari yang lalu
Rumble Considers Up to $20 Million Investment in Bitcoin Amid Growing Corporate Shift Toward Digital Assets