#Rumble's First Bitcoin Purchase#

Rumble, a video-streaming platform backed by Tether, made its first Bitcoin purchase last Friday and announced that it wouldn't be the last, hinting at the company's potential for continued Bitcoin accumulation in the future. Rumble CEO Chris Pavlovski took to social media to announce the company had completed its initial Bitcoin purchase and plans to invest up to $20 million in Bitcoin in the future. Rumble's move is seen as part of its financial strategy to incorporate Bitcoin into its balance sheet. The news has sparked widespread attention, with many believing that Bitcoin adoption will further accelerate as more companies begin incorporating Bitcoin into their financial strategies. Some analysts predict that following Trump's presidency and control of the U.S. Securities and Exchange Commission, more publicly listed companies will follow suit and start buying Bitcoin like Rumble.