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4 Comments
tldr; Rumble plans to invest up to $20 million of its cash reserves in Bitcoin as part of a corporate treasury diversification strategy. The company views Bitcoin as a strategic asset and an effective hedge against inflation. This decision, approved by Rumble’s board, aligns with their goal to integrate cryptocurrency into their ecosystem and support their mission of building independent infrastructure. The investment will be made at management’s discretion, taking into account market conditions and cash flow needs.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Everyone wants a bitcoin treasury these days!
Lucky are those who already have one.
Smart move
The insane amount of these articles that get printed during ath prices and never at the bottom of cycles is hilarious