Video-sharing platform Rumble has invested $17.1 million in Bitcoin, adding 188 BTC to its corporate treasury. The move is part of Rumble's plan to adopt a Bitcoin treasury strategy, with a goal of allocating up to $20 million of its cash reserves to the cryptocurrency. Rumble's CEO stated that this investment serves as a hedge against inflation and is not subject to dilution like government-issued currencies. The company also stated that future acquisitions will depend on market conditions, Bitcoin's price, and their cash flow needs. Rumble's shares closed down during the last trading session but saw a 4% increase in pre-market trading.



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