On Friday, Rumble $RUM made its first ever purchase of Bitcoin $BTC.
It won’t be the last.
— Chris Pavlovski 🏴☠️ (@chrispavlovski) January 20, 2025
Daily Debrief Newsletter


$105,668.00
2.40%$2,566.82
3.94%$2.43
4.35%$653.58
2.03%$175.31
5.85%$0.999866
-0.00%$0.234527
9.60%$0.767847
3.95%$0.271047
-0.27%$2,548.17
3.20%$105,412.00
2.36%$3.94
4.57%$3,091.12
4.13%$16.18
5.73%$23.42
4.59%$0.295077
3.51%$0.00001518
7.04%$26.67
2.30%$0.198606
4.83%$405.82
4.09%$8.71
-3.14%$3.19
4.32%$101.45
4.09%$4.86
4.74%$0.99978
-0.01%$2,561.25
3.63%$341.62
2.36%$2,741.45
4.02%$5.20
5.11%$0.999682
0.44%$0.0000141
14.93%$0.745519
10.22%$1.002
0.09%$105,693.00
2.42%$30.45
1.19%$435.59
3.36%$6.24
8.15%$240.96
8.38%$2.88
6.69%$5.26
3.18%$53.54
0.90%$210.44
5.35%$0.968677
5.50%$0.116267
3.88%$0.100583
3.47%$5.43
5.11%$1.00
0.00%$18.91
3.74%$35.51
3.05%$13.40
3.98%$21.77
1.24%$0.747884
2.71%$0.02919608
5.33%$4.76
5.26%$1.17
-0.02%$1.052
-0.01%$0.39773
12.05%$5.04
5.98%$0.242654
4.71%$1.001
0.27%$104,403.00
2.19%$0.787671
4.67%$0.228661
6.41%$2.94
5.71%$0.399825
6.56%$4.39
-0.11%$1.17
9.10%$2.75
5.57%$0.521678
5.64%$4.61
2.69%$0.0000205
10.60%$2,563.70
4.27%$0.519164
8.54%$0.997843
0.06%$185.15
5.87%$1,780.20
2.99%$11.63
1.13%$98.60
8.80%$2,675.49
3.72%$4.92
5.47%$0.898447
5.45%$2.08
23.20%$1.31
9.89%$1.29
2.37%$0.01951247
2.82%$0.236041
5.43%$0.826561
4.63%$0.671222
5.42%$0.738482
5.28%$12.39
7.06%$2,908.28
3.76%$0.072856
2.76%$1.00
-0.07%$105,842.00
3.14%$0.114924
8.53%$1.061
12.08%$0.00010175
12.38%$3.38
8.74%$2,729.36
3.54%$0.701434
3.66%$226.34
5.64%$654.20
2.63%$0.913938
7.45%$194.54
5.67%$0.02022287
7.85%$0.999561
-0.00%$0.999716
0.23%$0.01839135
7.41%$0.956901
3.46%$105,501.00
2.57%$0.01323914
8.25%$0.664873
4.15%$106,179.00
2.99%$0.81449
0.67%$2,692.45
3.93%$1.00
0.00%$104,137.00
2.35%$3,209.30
-0.00%$0.321284
6.03%$0.23066
7.02%$0.078167
19.55%$3,222.10
-0.01%$2.30
5.76%$22.64
4.83%$0.00000075
2.90%$12.99
1.28%$4.05
2.12%$37.08
4.73%$2,680.63
4.60%$0.120027
4.64%$0.02035056
1.90%$41.99
3.45%$0.722735
11.38%$1.91
13.12%$4.13
5.30%$0.639792
4.41%$0.420328
3.86%$1.99
7.11%$0.997583
-0.02%$0.341
4.53%$0.998508
-0.01%$2.08
1.42%$0.234665
9.82%$2.14
9.69%$1.11
0.41%$111.09
0.00%$0.159149
4.87%$2,566.72
3.76%$2,568.13
3.86%$0.470641
7.22%$19.23
5.63%$0.664618
4.78%$1.001
0.16%$0.671393
5.69%$2,740.72
4.13%$105,615.00
2.52%$2,629.28
4.38%$0.669643
6.92%$0.00896945
4.34%$0.163934
10.61%$7.68
6.91%$0.00540629
6.57%$0.998132
-0.15%$3.06
4.09%$104,609.00
1.31%$0.190643
3.97%$2,561.25
3.56%$6.75
4.73%$0.190195
9.19%$0.473335
4.61%$0.99981
0.00%$0.092189
5.97%$103,868.00
4.05%$0.051053
7.01%$0.47221
10.34%$0.00002336
3.88%$0.064622
-0.98%$1.91
13.65%$0.099862
6.31%$0.420081
2.76%$0.679105
5.36%$1.37
9.98%$1.47
23.16%$1.66
8.75%$0.04532221
5.87%$0.00000044
0.73%$0.00827067
6.89%$0.00000111
13.24%$2,536.49
3.10%$0.177314
3.93%$45.55
5.33%$0.156275
-2.14%$1.087
0.00%$0.996102
-0.75%$0.999772
-0.03%$1.59
5.33%$0.00466965
6.44%$0.999883
-0.13%$0.243016
4.83%$3.27
5.66%$0.359875
-1.84%$103,663.00
1.98%$0.391262
5.21%$0.00545192
10.10%$1.00
0.85%$0.01948708
1.06%$34.04
0.37%$2,701.14
3.19%$0.368331
21.24%$1.00
-0.00%$0.811393
11.34%$0.387224
3.15%$0.00362555
14.56%$137.24
4.69%$26.68
2.45%$0.0358117
1.76%$0.848181
1.48%$2,822.63
3.90%$3.84
17.85%$0.00006372
3.88%$2,791.58
3.83%$20.59
-0.38%$105,437.00
2.37%$1.10
-0.09%$0.298582
11.42%$0.00000161
-1.94%$19.77
7.94%$0.262315
5.13%$0.999921
0.58%$2,554.67
3.29%$0.71048
4.47%$0.00075575
14.63%$0.227644
5.44%$1.00
-0.01%$23.41
4.51%$0.999084
-0.04%$0.00303623
13.83%$2.78
8.51%$0.00345912
9.91%$2,761.79
3.62%$2,561.01
3.75%$26.65
2.41%$0.00
10.09%$23.85
4.13%$0.501788
3.83%$0.581165
3.65%$0.683232
9.63%$0.830565
4.80%Reading
Video platform Rumble on Monday announced its first Bitcoin buy, less than two months after revealing a strategy to put the cryptocurrency on its balance sheet.
Rumble CEO Chris Pavlovski wrote on X (formerly Twitter) that the company bought its first Bitcoin on Friday.
It isn’t clear how much Bitcoin that Rumble bought, but the company said in November that it would allocate up to $20 million of its cash reserves into the asset. Decrypt inquired with Rumble but did not receive an immediate response.
On Friday, Rumble $RUM made its first ever purchase of Bitcoin $BTC.
It won’t be the last.
— Chris Pavlovski 🏴☠️ (@chrispavlovski) January 20, 2025
“It won’t be the last,” Pavolvski wrote about the Friday buy.
Rumble is a Canadian company that allows users to post videos. A rival to YouTube, it trades on the Nasdaq (NASDAQ: RUM) and prides itself on supporting free speech. The platform is popular with American conservatives.
Back in November, Pavolvski said that the world was “still in the early stages of the adoption of Bitcoin.”
One of the hottest Bitcoin trades in 2024 is slumping into the New Year. As of Thursday, MicroStrategy’s share price had fallen 45% from its November peak—sliding to $300 from a record price of $543 around six weeks ago. The Tysons, Virginia-based software firm went gangbusters on Bitcoin last year, purchasing billions of dollars worth of the cryptocurrency using equity and debt. On Monday, the company topped off its stash of 446,400 Bitcoin, worth $43 billion, with a $200 million Bitcoin purcha...
The platform is gaining support from the crypto world, too: Stablecoin issuer Tether said in December that it would invest $775 million in the company platform, starting with a $250 million cash plug. Tether company works to mint USDT, the fourth biggest cryptocurrency by market cap.
Rumble is following in the footsteps of software company MicroStrategy, which has been buying Bitcoin since 2020 as a strategy to get the best returns for shareholders.
MicroStrategy now holds 450,000 Bitcoin—today worth $46.3 billion, at today’s price of nearly $103,000—and urges other companies to buy the asset as a long-term store of value.
Edited by Andrew Hayward
Crypto exchange Kraken is willing to hit some pretty tight deadlines, as the exchange works to elevate its brand and market share through a new business solution dubbed Kraken Embed, according to the company’s Head of Payments and Blockchain Brett McLain. In an interview with Decrypt, McLain said that Kraken’s recent tie-up with bunq, a Netherlands-based neobank, was the result of a last-minute shift—and a blueprint for how the company could expand its presence through relationships with similar...
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Choppy week for Coinbase Coinbase flagged a $400 million cybersecurity breach this week—one of the biggest in the company’s history. The most troubling aspect is that the exploit arose because an overseas contractor was bribed to steal customer data. In a video posted online, CEO Brian Armstrong said that criminals were able to gain access to sensitive user data, including names, addres...
Hong Kong investment group Avenir snapped up another 3.4 million shares of BlackRock's iShares Bitcoin Trust ETF (IBIT) during the first quarter, bringing its holdings of the fund to nearly $700 million, according to a U.S. regulatory filing published Thursday—further evidence that spot Bitcoin ETFs are gaining traction among financial institutions. Avenir held 14.7 million IBIT shares worth $688 million as of March 31, according to its filing,. That marks a 30% increase from the firm's IBIT ho...