Tuesday, 08 Apr 2025

Rumble invests $ 17.1 million in 188 bitcoins as a financial reserve

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13 Mar 2025 14:04
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  • Rumble strengthens its Bitcoin strategy through the acquisition of 188 BTC and thus confirms his commitment to digital assets as part of his financial strategy.
  • Other companies, including Metaplanet and Semler Scientific, also increase their Bitcoin stocks.

Rumble, a video sharing network that is generally referred to as a YouTube competitor, has recently taken an important step into the world of digital assets. In line with the previously announced Bitcoin financial plan, the company has the Acquisition of 188 BTC announced with a total value of $ 17.1 million. This step shows the seriousness of the company to use digital resources in harmony with his corporate plan.

Rumble CEO sees Bitcoin as inflation protection

According to the Rumble CEO Chris Pavlovski, Bitcoin could be a barrier to inflation, in contrast to traditional money, which is issued without restriction. Although the value of Bitcoin fluctuates, but has an increasing tendency over a long period of time, Rumble seems to be more flexible financially.

Conversely, this is not the first investment that a media or technology company makes. Some other large companies have also taken similar measures, albeit with higher values.

Tech, gaming and healthcare companies rely on Bitcoin

Rumble’s procedure reminds us of MetaPlanet’s investment approach, a Japanese company that recently included 162 BTC in his portfolio, which increased its total stock to 3,050 BTC – CNF. To increase your Bitcoin property, you even spent an interest-free bond of 2 billion yen. This is really bold and shows that you seriously consider Bitcoin as a long -term asset.

At the same time, the investment company HK Asia Holdings Limited, based in Hong Kong, has started to invest part of her capital in Bitcoin. On February 16, she paid around $ 96,150 for a BTC; On February 20, 7.88 BTC worth $ 761,705. Bitcoin now apparently sees these companies as part of their wealth diversification.

The gaming sector is also followed by this trend. The Chinese game developer Boya Interactive, who currently holds 3,183 BTC, which is about 60 % of its market capitalization, bought Bitcoin for the first time in January 2024 and further increased his reserves by the end of the year.

The Semler Scientific company, based in California, also made considerable Bitcoin investments from the health sector. With currently 1,873 BTC, they make up 35 % of the company’s market capitalization. Eric Semler, CEO of the company, is a great supporter of Bitcoin and considers him a good opportunity to diversify assets.

Bitcoin: More than just a speculation object

The examination of this trend not only raises the question of who buys Bitcoin, but also to what extent and for what purpose. Bitcoin seems to be seen more and more than serious form of investment and not just as speculative asset. Since more and more large companies rely on Bitcoin, the history of cryptocurrency is increasingly gaining weight as a reserve currency.

At the time of the creation of this article, BTC’s course is $ 83,172.53, which corresponds to an increase of 2.02 % in the last 24 hours, but still means a correction of 9.19 % in the last 7 days.

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