Rumble started with a $20M strategy with the first Bitcoin purchase.

In a recent development, Rumble CEO Chris Pawlowski revealed on January 20 that the company made its first Bitcoin purchase on January 17 as part of its $20 million treasury strategy. Although the exact amount of the purchase was not disclosed at the time of writing, he indicated that this would be the first of many. With the recently announced acquisition, Rumble joins other public companies such as MicroStrategy, Semler Scientific, Marathon Digital and Metaplanet, all of which are actively pursuing a Bitcoin treasury strategy. This strategy has often led to more interest in the shares of these companies, with investors viewing them as proxies for exposure to Bitcoin.