Canadian video hosting service Rumble will begin allocating part of its excess funds to purchase Bitcoin. The strategy will include acquisitions of up to $20 million.

“Unlike any government currency, Bitcoin is not subject to erosion due to endless money printing, allowing it to be a valuable hedge against inflation,” the report said.

The Board of Directors of Jiva Technologies approved the addition of the first cryptocurrency to the balance sheet. Within the framework of the strategy, we are talking about an amount of up to $1 million.

The MicroStrategy example is contagious

“Bitcoin’s inherent scarcity and limited supply positions it as a modern hedge against inflation and a safe haven in times of economic uncertainty,” the company emphasized.

Rumble

Rumble is a Canadian video hosting and cloud storage system founded by Chris Pawlowski in 2013. The company's headquarters are in Toronto, Canada and Longboat Key, Florida.

Key Features:

• Number of users: about 32 million monthly.
• Server Locations: 218 Adelaide Street West, Toronto, Ontario.
• Cooperation with the Trump Media & Technology Group.
• Popular among conservative and far-right users in the United States.

Scandals and high-profile events:

• On January 11, 2021, Rumble sued Google Inc., accusing the company of manipulating search algorithms, which was reducing Rumble's traffic and its advertising revenue.
• On November 2, 2022, Chris Pawlowski closed access to hosting in France, opposing the blocking of Russian media accounts.
• On August 25, 2024, Pawlowski said that he left Europe after Pavel Durov was detained in Paris, adding that France had violated freedom of speech.

These events highlight the importance of Rumble as a platform that generates interest and discussion in the media space.