09:10 AM EDT, 03/12/2025 (MT Newswires) -- Rumble (RUM) said Wednesday that it has purchased about 188 bitcoins for $17.1 million, or at an average price of $91,000 apiece.
The purchase is in accordance with Rumble's previously announced plan to allocate up to $20 million for bitcoin purchases, the company said.
Shares of the company were up more than 4% in recent Wednesday premarket activity.