Video Companys Bold Move Sends Stock Soaring

WikiBit 2024-11-21 22:52

Rumble is formally joining the race to create a crypto-led portfolio. In a Twitter/X post by Chris Pavlovski, Rumble CEO, ran a poll to ask the community

BTCUSD trading at $97,125 on the daily chart: TradingView.comRumble Joins A Growing List Of Tech Companies With BTC

If Rumbles plan pushes through, it will join other companies in adding Bitcoin to their portfolios. On November 18th, Genius Group announced its plan to pursue a “Bitcoin-focused” strategy and plans to acquire 110 Bitcoins for its first tranche.

The Genius Group aims to use 90% of its reserves for the top digital asset. According to Bitcoin Treasuries Data, MetaPlanet has recently acquired $11.3 million worth of tokens, pushing its total portfolio to 1,142.2 Bitcoin.

Semler Scientific also joined the fray, buying $17.7 million worth of tokens to boost its total to 1,273 Bitcoins.

The fact that Rumble is considering a Bitcoin strategy shows how crypto and blockchain are becoming more influential. The recent success of MicroStrategy has many businesses considering Bitcoin for their own asset and strategy evaluations.

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