The CEO of video-sharing platform Rumble is considering adding bitcoin to the company's balance sheet
2024-11-19 21:50:38
Video-sharing platform Rumble Chris Pavlovski tweeted on X asking: "Should Rumble add Bitcoin to its balance sheet?"
Michael Saylor, co-founder of MicroStrategy (MSTR), responded: "Yes, I'd be happy to discuss with you why and how." Pavlovski said: "Sent you a private message".
Rumble, a rival to video-sharing giant YouTube, posted $25.10 million in revenue in the third quarter, up 39% from a year earlier. Its balance sheet shows $130.80 million in cash and cash equivalents. Shares in the company are up 26% so far this year and are now worth about $1.60 billion.
Michael Saylor, co-founder of MicroStrategy (MSTR), responded: "Yes, I'd be happy to discuss with you why and how." Pavlovski said: "Sent you a private message".
Rumble, a rival to video-sharing giant YouTube, posted $25.10 million in revenue in the third quarter, up 39% from a year earlier. Its balance sheet shows $130.80 million in cash and cash equivalents. Shares in the company are up 26% so far this year and are now worth about $1.60 billion.
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