Rumble Expands Cryptocurrency Investments with $17 Million Bitcoin Purchase
- Rumble acquired 188 Bitcoin for approximately $17.1 million.
- The purchase is part of Rumble’s strategy to hedge against inflation.
- Tether invested $775 million in Rumble to support growth in advertising and cryptocurrency sectors.
- Rumble plans to increase its Bitcoin investment to $20 million, depending on market conditions.
Rumble has strategically purchased 188 BTC for $17.1 million as part of its inflation hedge plan, supported by Tether’s substantial investment aimed at fostering growth in the cryptocurrency sector.
Source (2.6)https://hodl.press/rumble-invests-17-million-in-bitcoin/?rand=24434
