Digital Currency / Business

Add as a preferred source on Google

Rumble Held 94.68 Bitcoin (BTC) at Q3 End, Sold Its Remaining Bitcoin in October

Its balance fell by 198.46 BTC from June 30 to Sept. 30, before the Oct. 14 sale ended its Bitcoin holdings.

Updated 1 min read
A low-rise office building stands along Gulf of Mexico Drive in Longboat Key, Florida. / EconoTimes.ai
A low-rise office building stands along Gulf of Mexico Drive in Longboat Key, Florida. / EconoTimes.ai

Rumble’s Q3 Form 10-Q shows its Bitcoin (BTC) balance fell by 198.46 coins by Sept. 30 before the company sold its remaining 94.68 BTC on Oct. 14.

The 198.46 BTC decrease between June 30 and Sept. 30 was about 2.1 times Rumble’s Sept. 30 balance of 94.68 BTC.

Public companies recorded net additions of 7,283 BTC in Q3, down 94% from 129,626 BTC in Q2, according to EconoTimes’ earlier coverage of the quarterly decline. Rumble’s decrease is a company-level balance change; the broader tally measures net additions across public companies.

Related articles

View all