YouTube Rival Rumble Teams With Tether to Add Bitcoin Tipping for Creators

Core Insights - Rumble is integrating Bitcoin tipping in collaboration with Tether, with a full rollout expected by early to mid-December [1][2] - Rumble has approximately 51 million active users as of Q2, a decrease from 59 million in Q1 [1] - Tether's CEO highlighted the potential for Bitcoin and stablecoins to empower creators and provide financial security [3] Company Developments - Rumble is currently in the testing phase for Bitcoin tipping and plans to launch it soon [1] - The company has partnered with MoonPay to develop its own crypto wallet, aimed at enhancing the creator experience [3] - Rumble adopted a Bitcoin treasury strategy last year, investing up to $20 million in BTC, and currently holds around $25 million in Bitcoin [4] Financial Performance - Rumble's shares closed at $7.14, reflecting a 0.56% increase, but are down over 45% year-to-date [4] - The company added $17.1 million in BTC to its balance sheet in March, following its initial investment strategy [4]