Rumble shares soared after the bell as its CEO Chris Pavlovski said he’s considering adding Bitcoin to the video streaming firm’s balance sheet.
Rumble, a YouTube alternative popular among the far-right and conspiracy theorists, has become the latest company to consider adding Bitcoin to its balance sheet.
Rumble Inc (RUM) shares gained as much as 9%, hitting a high of $6.20 in after-hours trading on Nov. 19 after its founder and CEO Chris Pavlovski earlier posed the question on X, which saw strong support from the crypto community.
“Should Rumble add Bitcoin to its balance sheet?” Pavlovski asked in an X poll, to which around 29,000 people answered “Yes.”