$1.5 Billion Rumble Explores Bitcoin Purchase with Saylor's Guidance

Nov 19, 2024, 07:14 PM

Streaming platform Rumble, valued at $1.5 billion, is contemplating adding Bitcoin to its balance sheet, with Michael Saylor, a prominent Bitcoin advocate and the founder of MicroStrategy, offering his expertise to assist in this potential financial move. Saylor has publicly supported the idea of companies holding Bitcoin on their balance sheets, and his involvement could signal a strategic shift for Rumble towards cryptocurrency investment. Rumble CEO Chris Pavlovski has engaged in discussions with Saylor about purchasing Bitcoin.