Rumble $RUM announces Bitcoin Treasury strategy!
Yesterday, the video sharing platform Rumble announced that it will in future invest some of its surplus cash in $BTC (+2.1%) will be invested. The Board of Directors has approved this diversification strategy to use Bitcoin as a hedge against inflation.
CEO Chris Pavlovski explained that Bitcoin is an important part of the company's strategy in light of increasing institutional adoption and the election of a crypto-friendly US government. Bitcoin, unlike government currencies, offers the advantage of not being debased by unlimited money printing.
https://corp.rumble.com/blog/rumble-announces-bitcoin-treasury-strategy/
