Video-sharing platform Rumble's shares have risen after the company explored adopting Bitcoin.
On the 19th (local time), the founder and CEO of Rumble, which has emerged as an alternative to YouTube,
The company's shares soared after CEO Chris Pavlovski revealed he was exploring ways to add Bitcoin to the company's balance sheet.
After CEO Pavlovsky posted a question related to X (formerly Twitter) on that day, Rumble's stock price rose by as much as 9% after the close of trading, reaching $6.20 (about 960 yen).
The question drew strong reactions from the cryptocurrency community. Pavlovsky conducted a survey on X asking, "Should Rumble add Bitcoin to its balance sheet?" and received approximately
29,000 people answered "yes." Jack Mallers, CEO and founder of bitcoin payment service Strike, said:
Mallers responded, "If you need help, we're happy to help."
The Chairman of the Board of Directors of the Institute, Michael Saylor, suggested that he could discuss the process with CEO Pavlovsky, who responded:
According to Google Finance, Rumble's stock price closed at $5.68, up 2.5% during the day, and rose to a high of $6.20 after the close.
Rumble, based in Florida and Ontario, is a subsidiary of the company's namesake, which is known for its lenient content moderation policies.
The company operates a video-sharing platform and, through its cloud services division, provides services to social media platforms owned by President-elect Donald Trump, including Truth.
Social) is also hosting.
2024/11/20 12:47 KST
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