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Market
Will Rumble's stock increase by 20% within a week after Bitcoin purchase announcement?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Stock market data from financial platforms like Bloomberg or Yahoo Finance
Story
$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.
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Similar markets
Increases by 20% or more • 25%
Decreases by 20% or more • 25%
Remains within 20% of current value • 25%
Unknown/Other • 25%
Significant profit • 25%
Minor profit • 25%
No significant change • 25%
Loss • 25%
Yes • 50%
No • 50%
Rumble outperforms Bitcoin • 25%
Bitcoin outperforms Rumble • 25%
Both perform equally • 25%
Both underperform the market • 25%
