Rumble Eyes Bitcoin Adoption, (RUM) Share Price Rise By 9%
Rumble Inc., a YouTube alternative known for its appeal to far-right viewers, is exploring adding Bitcoin to its balance sheet. The tweet received strong support from the crypto community, causing Rumble’s stock price (RUM) to surge 9%, reaching $6.20 in after-hours trading on November 19. Previously, the stock price had been trading lower but quickly rebounded. Bitcoin hit an all-time high of $94,000, driven by growing corporate interest. If Rumble continues to adopt Bitcoin, it could mark a major shift in the platform’s financial strategy, bringing it in line with the expanding cryptocurrency trend.
