Rumble Eyes Bitcoin Adoption, (RUM) Share Price Rise By 9%
Rumble Inc., a YouTube alternative known for its appeal to far-right audiences, is exploring adding Bitcoin to its balance sheet. The tweet, which gained strong support from the crypto community, caused Rumble’s stock (RUM) to surge by 9%, reaching $6.20 in after-hours trading on November 19. Earlier, shares had been trading lower but quickly bounced back. Bitcoin hit a record high of $94,000, driven by growing corporate interest. If Rumble moves forward with adopting Bitcoin, it could mark a major shift in the platform’s financial strategy, aligning it with the expanding crypto trend.
