Rumble Inc. - Class A Common Stock (RUM)

PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The usage of cryptocurrencies and their sources of mining are both growing exponentially around the globe and are projected to continue in the coming years. According to a report from ResearchAndMarkets, describing the growing crypto outlook said: “The cryptocurrency market is forecasted to grow by USD 39.74 billion during 2024-2029, accelerating at a CAGR of 16.7% during the forecast period.” Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is acceptance of cryptocurrency by retailers. One of the major drivers for this market is the rising investment in digital assets.” Another report from Precedence Research that focused on mining said: “The global cryptocurrency mining market size is calculated at USD 2.45 billion in 2024, grew to USD 2.77 billion in 2025 and is predicted to surpass around USD 8.24 billion by 2034, expanding at a CAGR of 12.90% between 2024 and 2034. Bitcoin and numerous other cryptocurrencies service the mining progression to produce a new exchange and validate fresh transactions. Bitcoin operates on a distributed network or decentralized computer network that keeps track of cryptocurrency. New bitcoins are generated or mined when machines on the system authenticate and process the transaction. The transaction is processed by these computer networks, or miners, in return for a Bitcoin reward.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), MicroStrategy® Incorporated NASDAQ: MSTRNASDAQMSTR)(NASDAQ: RUMNASDAQRUM, MARA Holdings, Inc. (NASDAQ: MARANASDAQ), Riot Platforms, Inc. (NASDAQ: RIOTRIOT).

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Rumble (NASDAQRUM) is a video-sharing platform and cloud services provider that has recently secured a significant cloud services agreement with the Government of El Salvador. This partnership underscores Rumble’s commitment to freedom-oriented values, which are increasingly sought after globally. The agreement involves Rumble providing El Salvador with a comprehensive suite of cloud services, including cloud storage, computing, databases, load balancers, and Kubernetes integration. This strategic move allows Rumble to expand its international market presence and diversify its service offerings.

LONGBOAT KEY, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that it has entered a cloud services agreement with the Government of El Salvador. The deal represents the increasing migration of the world toward companies that align more with the values of freedom that Rumble represents. Rumble’s services to El Salvador will include cloud storage (object and block storage), cloud computing, databases, load balancers, and Kubernetes integration.

Rumble (NASDAQRUM) is a company that went public in 2022, aiming to build an internet infrastructure free from censorship. It competes with major players like YouTube and AWS. Despite its ambitious goals, Rumble has faced financial challenges, reporting a net loss of $116 million in 2023 and an additional $102 million in the first three quarters of 2024.

Rumble Inc. (NASDAQRUM) stock has dropped 11% in value over the past week, leading to a significant market valuation decrease of $255 million. However, company insiders appear to have avoided the pain of this loss by selling their shares earlier at a much higher price.

A director at Rumble Inc. (NASDAQRUM) made headlines on Sept. 6, 2024, by selling 27,500 shares. These class A common stock shares were sold at $5.23 per share, resulting in a total of $143,825.

Rumble (NASDAQRUM), a growing video-sharing platform, has announced a $775 million strategic investment from Tether, the issuer of the USDT stablecoin. This deal aims to bolster Rumble’s growth trajectory, enhance its technology infrastructure, and expand its audience reach. The investment aligns with Rumble’s mission to provide an open and decentralized digital space while reinforcing Tether’s commitment to supporting platforms that champion free expression. The market reacted positively, with Rumble’s stock surging as investors anticipated the transformative impact of this partnership.

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Transaction Unifies Two Leaders in Decentralization, Rumble CEO Retains Controlling Stake

PALM BEACH, Fla., Dec. 26, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent article in Bitcoin Magazine addressed the recent tsunami of companies jumping into the current “IT” strategy… Bitcion as a treasury asset. The article said: “MicroStrategy’s corporate Bitcoin treasury strategy is taking off. Public companies are FOMO’ing (“Fear Of Missing Out”) into bitcoin. It’s almost as if Trump’s pro-Bitcoin stance is giving companies the green light to stack BTC. (One day in November alone ) seven public companies announced that they have bought or plan to buy bitcoin for their treasury reserves, with one new company committing to purchasing $1 million in BTC (the next day). Crazy, right? It has felt like a minimum of one to two new companies a day are adopting bitcoin as a reserve asset — not to mention all the companies getting bitcoin exposure via the ETFs. It’s surreal to witness the FOMO from companies adopting a corporate Bitcoin playbook in real time… Over the course of the next year I’m expecting this corporate Bitcoin adoption to only increase as the price of bitcoin rises and Trump takes office.”   A review of the market shows that leading companies are embracing Bitcoin Treasuries as a Strategic Asset. The adoption of Bitcoin as a corporate treasury asset is gaining momentum among innovative companies across industries. Recognizing the potential of Bitcoin as a store of value and hedge against inflation, businesses like Rumble, MicroStrategy, Marathon Digital Holdings, Hut 8 Mining Corp, KULR Technology Group, Block Inc., and Coinbase are leading the charge in integrating Bitcoin into their financial strategies.   Active tech companies in news today include:   KULR Technology Group, Inc. (NYSEKULR), Hut 8 Corp. NASDAQ: HUTNASDAQHUT)(NASDAQ: MARANASDAQMARA, Rumble Inc. (NASDAQ: RUMNASDAQ), MicroStrategy® Incorporated (NASDAQ: MSTRMSTR).

LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), 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.

LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), 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.

LONGBOAT KEY, Fla., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), 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 U.S. District Court for the Eastern District of California, Sacramento Division.

LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), 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 will include purchases, at the discretion of the company, of up to $20 million.

LONGBOAT KEY, Fla., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), 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 helping to build the Rumble Gaming community.

~ MAU Growth to 67 Million, Up 26% Quarter-over-Quarter ~

Rumble Inc. (NASDAQRUM) is firmly controlled by its insiders, with over half of its shares held by only a small group. Although some insiders have sold shares recently, they still hold a big portion of the company, so they’re set to profit if the stock goes up but also face risks if it drops. The concentrated ownership structure reveals how the video-sharing platform’s fortunes are strongly linked to its insiders’ interests.

LONGBOAT KEY, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) --  Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that it broke multiple records on a historic Election Night. On the evening of November 5 and into the morning of November 6, Rumble set new high marks in a variety of categories, including number of livestreams, live concurrent views, consumption, total Rumble Premium subscribers, and revenue generated through the Rumble Advertising Center.

LONGBOAT KEY, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that the popular content creator Steven Crowder will host an Election Night livestream – titled the “The Election Livestream of the Century: The Rumble on Rumble” – beginning at 6:00 p.m. EST and will promote Rumble Premium, the platform’s ad-free subscription product, as his new home for exclusive content. Rumble users who are already subscribers to Crowder’s MugClub will receive access to Rumble Premium automatically. Crowder currently has over 1.6 million subscribers to his Rumble channel.

Rumble's Founder and CEO Chris Pavlovski to Hold a Post-Earnings Live Stream with Matt Kohrs via Rumble Studio

LONGBOAT KEY, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that leading online custom merchandise seller Sticker Mule has become a cloud client. The innovative retailer is moving its Artificial Intelligence processing to the Rumble Cloud and will be using Rumble’s NVIDIA H100 inventory. This represents an expansion of an already successful relationship, as Sticker Mule has been a regular advertiser on Rumble for multiple years.

Arsov Robert, a director at Rumble Inc. (NASDAQRUM), recently sold almost 83,000 shares of the company’s stock and collected more than $427,900 from the sales. The sales were in tranches of 27,500 shares, and they occurred daily, for a total of three days. The price at which he made the sales was between $5.12 and $5.24.

LONGBOAT KEY, Fla., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, announced that it shattered several records during Tuesday night’s American presidential debate between former President Donald Trump and Vice President Kamala Harris. According to Streams Charts, Rumble logged a record for concurrent live viewers on the platform, as well as new records for the number of concurrent creator streams and peak bandwidth consumption.

LONGBOAT KEY, FL / ACCESSWIRE / August 19, 2024 / Rumble Inc. (NASDAQRUM) (the "Company"), the video-sharing platform and cloud services provider, today announced that members of the Company's management will present virtually at the Investor Summit Microcap Event on Tuesday, August 20th.