{"id":90014,"date":"2024-11-26T02:51:53","date_gmt":"2024-11-26T07:51:53","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90014"},"modified":"2024-11-26T02:53:15","modified_gmt":"2024-11-26T07:53:15","slug":"video-platform-rumble-plans-to-buy-up-to-20-million-in-bitcoin-in-new-treasury-strategy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2024\/video-platform-rumble-plans-to-buy-up-to-20-million-in-bitcoin-in-new-treasury-strategy.html","title":{"rendered":"Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/RUM\/\">Rumble<\/a>, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">bitcoin<\/a>\u00a0and making purchases of up to $20 million in the cryptocurrency. Shares rose nearly 4% in extended trading. \u201cWe believe that the world is still in the early stages of the adoption of bitcoin,\u201d Rumble chairman and CEO Chris Pavlovski said in a\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/corp.rumble.com\/blog\/rumble-announces-bitcoin-treasury-strategy\/\" target=\"_blank\">statement<\/a>\u00a0Monday. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/25\/rumble-plans-to-buy-up-to-20-million-in-bitcoin-in-new-treasury-strategy.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Rumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to\u00a0bitcoin\u00a0and making purchases of up to $20 million in the cryptocurrency. Shares rose nearly 4% in extended [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90014","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90014"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90014\/revisions"}],"predecessor-version":[{"id":90015,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90014\/revisions\/90015"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}