š„ Rumble shakes things up, adding Bitcoin to its balance sheet! The YouTube alternative announced plans to invest up to $20 million of its cash reserves in Bitcoin, following a social media tease by CEO Chris Pavlovski.
- The board approved the strategy, with purchases based on market conditions.
- Pavlovski cites Bitcoin's potential as an inflation hedge, likening it to a superhero against endless money-printing.
- The plan is flexible, with room for changes as needed.
Looks like Rumble is ready to rumble in the crypto arena!