Rumble Diversifies Treasury with $20M Bitcoin Bet, Inspired by MicroStrategy

Nasdaq-listed video-sharing and cloud services platform Rumble has announced it’s allocating up to $20 million of its cash reserves to Bitcoin as its board of directors approved a “corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin.” In a recent announcement, the company’s CEO Chris Pavlovski emphasized Bitcoin’s

Source: CryptoGlobe