Rumble plans to allocate $20M of excess cash reserves to Bitcoin

Rumble, the conservative-leaning video platform, announced on Monday night that it will channel up to $20 million of its extra cash into Bitcoin. As soon as the news broke, Rumble’s stock shot up almost 4% in after-hours trading. Chris Pavlovski, Rumble’s chairman and CEO, had plenty to say about the decision. He called Bitcoin a […] source: https://www.cryptopolitan.com/rumble-20m-excess-cash-reserves-bitcoin/