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Rumble plans to invest up to $20 million in Bitcoin to hedge against inflation and expand into crypto.
Video platform Rumble plans to invest up to $20 million of its excess cash into Bitcoin, seeing it as a strategic move to hedge against inflation and expand into cryptocurrency.
The company's CEO, Chris Pavlovski, believes Bitcoin is in the early stages of adoption and is resistant to inflation.
The investment strategy can be adjusted at any time based on market conditions and the company's needs.
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Rumble planea invertir hasta $20 millones en Bitcoin para protegerse contra la inflación y expandirse a cripto.