Online video platform Rumble has announced its first purchase of Bitcoin as part of its $20 million treasury strategy. The exact amount purchased has not been disclosed. Rumble joins other companies like MicroStrategy, Semler Scientific, Marathon Digital, and Metaplanet in pursuing a Bitcoin treasury strategy, which has led to increased interest in their stocks. Rumble's share price also saw gains, likely due to the U.S. TikTok ban.
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