Transaction Unifies Two Leaders in Decentralization, Rumble CEO Retains Controlling Stake Strategic Investment Results in Mission-Aligned Investor and Supporter Rumble Will Use $250 Million of Proceeds to Further Solidify Balance Sheet and Accelerate Growth Initiatives Remaining Proceeds Will Be Used to Fund Self Tender Offer for up to 70 Million of Rumble’s Class A Common Stock to Provide Liquidity to Stockholders at Same Price as Tether Investment LONGBOAT KEY, Fla., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Rumb ...

Rumble stock is seeing big sell-offs in the face of macroeconomic risk factors, and the business's fundamentals look shaky.Rumble (RUM -2.49%) stock is sinking in this week's trading. The company's share price was down 12.5% from last week's market close of as of 1 p.m. ET Thursday, according to data from S&P Global Market Intelligence.Rumble stock is losing ground this week following recent interest rate news from the Federal Reserve. While the Fed announced the 25-basis-point interest rate cut that invest ...

The rise of Rumble (RUM 1.59%) stock has sparked investor interest in recent months. Share of the online video platform are up by almost 75% over the last year as the site grows more popular and carves a niche among small content creators and free speech advocates.Nonetheless, Rumble's 67 million monthly active viewers amount to a small fraction of the viewership of Alphabet's YouTube, which attracts more than 2.5 billion monthly active users, according to estimates. It also lacks the level of financial bac ...

LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ: RUM), the high-growth video platform and cloud services provider, today announced that the much-anticipated fourth season of “Surviving Barstool” will move to Rumble, unedited and uncensored, beginning Monday, December 2, 2024. Rumble users and Barstool fans can subscribe to the Barstool Sports Rumble channel here and tune in to watch this season here. YouTube will only carry the censored version of Surviving Barstool. “Sur ...

LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ: RUM), the high-growth video platform and cloud services provider, today announced that the much-anticipated fourth season of “Surviving Barstool” will move to Rumble, unedited and uncensored, beginning Monday, December 2, 2024. Rumble users and Barstool fans can subscribe to the Barstool Sports Rumble channel here and tune in to watch this season here. YouTube will only carry the censored version of Surviving Barstool. “Sur ...

LONGBOAT KEY, Fla., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today sued the California Attorney General and Secretary of State over a recently passed law that unconstitutionally punishes certain political speech. Rumble is represented by Alliance Defending Freedom (ADF), a non-profit law firm that defends the right to speak freely and which also represents the satirical website “The Babylon Bee” in a related lawsuit. The suit was filed in ...

LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin. This move emphasizes Rumble’s belief in Bitcoin as a valuable tool for strategic planning and is designed to accelerate the company’s expansion into cryptocurrency. Rumble’s Bitcoin allocation strategy wil ...

LONGBOAT KEY, Fla., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that Dr Disrespect has joined Rumble and will be streaming his popular content on the platform. As part of an agreement that includes equity with milestones as a majority of its compensation, Dr Disrespect will provide exclusive content to Rumble Premium for his “Champions Club” community. Dr Disrespect will also lead Rumble Gaming, acting as an advisor and helpi ...

Could Rumble be the next hot Bitcoin stock? Rumble (RUM 6.16%) stock jumped in Wednesday's trading. The company's share price closed out the daily session up 6.2% and had been up as much as 14.1% earlier in the day's trading. Rumble stock gained ground today after founder and CEO Chris Pavlovski made comments suggesting that the company could make investments in Bitcoin. The market-leading cryptocurrency has been on an incredible bull rally, and some Rumble investors are betting that an investment in the cr ...

Rumble Inc (NASDAQ: RUM) CEO Chris Pavlovski publicly considered adding Bitcoin (BTC) to the company's balance sheet on November 19. MicroStrategy Inc (NASDAQ: MSTR) Founder and Chairman Michael Saylor offered support, quickly making Rumble stock surge before the market's closing. https://twitter.com/saylor/status/1858945523258159169 Looking ahead, Finbold turned to artificial intelligence (AI) models and asked for a price prediction to RUM for 2025 year-end. Notably, since MicroStrategy acquired Bitcoin fo ...