What’s the buzz? ๐ฃ
- Rumble throws $17.1M at 188 shiny BTC, because why not?
- Company jumps on the crypto bandwagon with a $91,000-per-coin shopping spree
- Tether chucks $775M at Rumble, hoping for a crypto-blockbuster hit
Rumble (RUM), the Nasdaq-listed home of cat videos and more, has just dropped $17.1 million on some digital bling, namely 188 BTC. It’s all part of their grand plan to go crypto-wild!
At a cozy $91,000 a pop, Rumble’s CEO Chris Pavlovski must’ve thought, “Why not spend like it’s going out of style?”
“These shiny coins could be our knight in shining armor against the dragon of inflation,” Pavlovski declared, probably while juggling bitcoins.
But don’t worry, they’re not just throwing money at the screen. They’ve got a whole strategy, folks. Sort of. It depends on the market, the price of BTC, and whether they feel like it.
As for Tether, they’re in it for the long conโer, we mean haulโafter dropping a cool $775 million on Rumble last year.
In the stock market, Rumble shares took a tiny dip but then swam up 4% in pre-market trading. Because that’s how you crypto-dance!
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2025-03-12 16:28