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Author Topic: Rumble Enters the Bitcoin Club as Strategic Move  (Read 2290 times)

Offline Bobcrypto

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Re: Rumble Enters the Bitcoin Club as Strategic Move
« Reply #15 on: December 11, 2024, 09:17:16 AM »
It may continue to surprise many bitcoiners that more organizations, businesses, high profile persons are going to join the cryptocurrency community in near future. I just think today is the beginning of better days for crypto adoptions globally.
Let remember that Bitcoin is just 21 million, it is already a factor that will continue to drive adoptions. Rumble has released the advantages of owning Bitcoin, especially as a store of value, hence they are now part of the community, and I think many more are coming, no doubt about this.

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Re: Rumble Enters the Bitcoin Club as Strategic Move
« Reply #15 on: December 11, 2024, 09:17:16 AM »

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Offline Stompix

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Re: Rumble Enters the Bitcoin Club as Strategic Move
« Reply #16 on: December 11, 2024, 11:27:40 AM »
~
So it means they had no choice but to enter the Bitcoin club to save themselves from some loss. I think every project and platform is not interested to buy Bitcoin and then interested is only because they want to save themselves from solvency haha.

Not necessarily, it could be just a PR move, Rymble gained about 15% per share since the announcement, and if they plan on attracting more investors, an increase in share plus the advertising, a bit of FOMO and they could easily secure another few tens of millions, after all, they burned through 250 million and they aren't yet profitable so....

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« Reply #16 on: December 11, 2024, 11:27:40 AM »

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Offline robelneo

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Re: Rumble Enters the Bitcoin Club as Strategic Move
« Reply #17 on: December 14, 2024, 10:20:33 PM »
Companies should rethink their investment strategy, just like Rumble did. They should not think that its too late, but rather the market is moving to a new era or season. They should not follow Microsoft's steps of discarding Bitcoin as a part of their investment; they will regret this later as Bitcoin is moving from one all-time high to another. This is probably the best time for companies to invest and who want to add more to their portfolio.
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