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	<title>rumble bitcoin purchase Archives - Coin Engineer</title>
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		<title>Video-sharing Platform Rumble Announces Bitcoin Purchase</title>
		<link>https://coinengineer.net/blog/video-sharing-platform-rumble-announces-bitcoin-purchase/</link>
					<comments>https://coinengineer.net/blog/video-sharing-platform-rumble-announces-bitcoin-purchase/#respond</comments>
		
		<dc:creator><![CDATA[Emre Yumlu]]></dc:creator>
		<pubDate>Wed, 12 Mar 2025 15:00:16 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[rumble bitcoin]]></category>
		<category><![CDATA[rumble bitcoin purchase]]></category>
		<category><![CDATA[rumble treasury strategy]]></category>
		<category><![CDATA[Video-sharing platform Rumble]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=38319</guid>

					<description><![CDATA[<p>Video-sharing platform Rumble purchased 188 BTC for $17.1 million as part of its new treasury strategy. Rumble Purchases $17 Million in Bitcoin as Part of New Treasury Strategy Video-sharing platform Rumble announced that it has purchased $17 million worth of Bitcoin as part of its new treasury strategy. The company revealed on X (formerly Twitter)</p>
<p>The post <a href="https://coinengineer.net/blog/video-sharing-platform-rumble-announces-bitcoin-purchase/">Video-sharing Platform Rumble Announces Bitcoin Purchase</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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										<content:encoded><![CDATA[<p><a href="https://coinengineer.net/blog/tia-analysis-update-20-increase-and-new-targets/"><strong>Video-sharing platform Rumble </strong></a>purchased <strong>188 BTC</strong> for <strong data-start="56" data-end="73">$17.1 million</strong> as part of its <strong>new treasury strategy.</strong></p>
<h2 data-start="0" data-end="76">Rumble Purchases $17 Million in Bitcoin as Part of New Treasury Strategy</h2>
<p data-start="78" data-end="340">Video-sharing platform <strong data-start="101" data-end="111">Rumble</strong> announced that it has purchased <strong data-start="144" data-end="159">$17 million</strong> worth of Bitcoin as part of its new treasury strategy. The company revealed on <strong data-start="239" data-end="244">X</strong> (formerly Twitter) that it acquired <strong data-start="281" data-end="292">188 BTC</strong> at an average price of <strong data-start="316" data-end="339">$91,000 per Bitcoin</strong>.</p>
<p data-start="342" data-end="643">Rumble joins a growing list of companies that have increased their Bitcoin holdings over the last year. Michael Saylor’s strategy was one of the first to take this step. Since the company began purchasing the leading cryptocurrency in the summer of <strong data-start="591" data-end="599">2020</strong>, it has spent <strong data-start="614" data-end="629">$21 billion</strong> on the asset.</p>
<h2 data-start="342" data-end="643">Company&#8217;s Treasury Strategy</h2>
<p data-start="693" data-end="1051">The last two years have seen a significant shift in the cryptocurrency market. Although prices in <strong data-start="791" data-end="799">2025</strong> have struggled to increase, upcoming favorable regulations are expected to bring the asset class into a new era. <strong data-start="913" data-end="944">U.S. President Donald Trump</strong> played a leading role in this change by introducing a crypto reserve to the previously anti-crypto nation.</p>
<p data-start="1053" data-end="1328">This has prompted many businesses to also embrace this growing asset class. One such company is Rumble, which announced its <strong data-start="1177" data-end="1209">$17 million Bitcoin purchase</strong>. The cloud services provider revealed that it acquired <strong data-start="1265" data-end="1276">188 BTC</strong> as part of its newly implemented treasury strategy.</p>
<p data-start="1363" data-end="1587">The <strong data-start="1367" data-end="1392">BTC treasury strategy</strong> will see the platform allocate <strong data-start="1424" data-end="1439">$20 million</strong> to purchasing the leading cryptocurrency. Additionally, this step reaffirms the company’s belief and commitment to both the industry and the token.</p>
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<p>The post <a href="https://coinengineer.net/blog/video-sharing-platform-rumble-announces-bitcoin-purchase/">Video-sharing Platform Rumble Announces Bitcoin Purchase</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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