Rumble Buys $17 Million Worth of Bitcoin, Is this the Future of Finance?

Jakarta, Pintu News – On March 12, 2025, video sharing platform Rumble has announced a significant purchase of Bitcoin (BTC) worth $17.1 million as part of their financial strategy. This purchase includes approximately 188 Bitcoin (BTC) at an average price of $91,000 per coin.

This move marks Rumble’s commitment to integrate deeper into the crypto ecosystem and use Bitcoin (BTC) as a hedge against inflation.

Rumble, known for its video-sharing and cloud services, is now getting closer to the crypto community.

Rumble’s Financial Diversification Strategy

Rumble has allocated $20 million of their company’s cash for the announced Bitcoin (BTC) accumulation strategy in 2024.

Read also: Number of Active Bitcoin Wallets Surges to 54.72 Million-Just 0.018% from ATH Peak! Bullish Signals Ahead?

With the latest purchase, the company has invested most of the funds and still has about $3 million left for further purchases. These purchases are not only about asset diversification but also a strategic move in the face of global economic uncertainty.

Rumble CEO, Chris Pavlovski, stated that this decision is part of a larger strategy to expand the company’s involvement in the crypto industry. This demonstrates Rumble’s long-term vision in adopting new financial technologies.

Bitcoin as an Inflation Hedge

With the economy constantly fluctuating, Bitcoin (BTC) is considered an effective inflation hedge.

Rumble has identified this as a key component in their financial strategy. This investment is also in line with an executive order from President Trump encouraging the establishment of a Strategic Bitcoin Reserve.

Furthermore, this massive purchase by Rumble also reflects a growing trend among listed companies that are starting to incorporate Bitcoin (BTC) into their cash management strategies. This indicates an increased confidence in Bitcoin (BTC) as a stable asset in corporate portfolios.

Rumble’s Expansion and Collaboration in the Crypto Industry

In addition to the investment in Bitcoin (BTC), Rumble has also announced a cloud services partnership with the government of El Salvador, known for their Bitcoin (BTC) adoption.

Read also: Metaplanet Buys Bitcoin Again! Shares up 8% after adding $13.5 million BTC

This partnership not only strengthens Rumble’s position in blockchain technology but also paves the way for more technological collaborations in the future. These investments and partnerships demonstrate Rumble’s commitment to not only be a player in the video-sharing market but also as an innovator in the application of crypto technology.

With this move, Rumble hopes to position itself as a leader in the integration between media technology and crypto.

Overall, with a strong investment strategy and strategic partnerships, Rumble is establishing itself as a visionary company in the crypto industry. This bold move not only strengthens their financial position but also puts Rumble at the forefront of technological innovation.

Over time, it could set an example for other companies to follow suit in adopting crypto as part of their financial strategy.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Rumble Implements Bitcoin Strategy, Acquires $17 Million BTC. Accessed on March 14, 2025
• Cointelegraph. Rumble Bitcoin Purchase: Donald Trump Inflation Hedge. Accessed on March 14, 2025
• Crypto News. Rumble Makes $17.1M Purchase of 188 Bitcoin. Accessed on March 14, 2025