Wu said that the video platform and cloud service provider Rumble (NASDAQ: RUM) announced that the company's board has approved the allocation of part of its excess cash reserves to Bitcoin, to advance its strategy in the cryptocurrency sector. The company plans to purchase up to 20 million dollars worth of Bitcoin, with the specific timing and amount to be determined by management based on market conditions and business needs. Rumble stated that the limited supply of Bitcoin and the increasing trend of adoption are the main factors in its decision-making, and this strategy may be adjusted or suspended at any time.