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Rumble makes first Bitcoin purchase as part of 20 million strategy

Rumble has made its first Bitcoin purchase, allocating up to 20 million USD for this strategic move. The decision, revealed by CEO Chris Pavlovski, aims to diversify the company’s cash reserves and embrace the crypto market.

Rumble’s strategy mirrors similar actions by publicly traded companies like Microstrategy and Riot Platforms, indicating a growing trend among corporations investing in Bitcoin as a long-term asset.

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