Overview
- CEO Chris Pavloski announced at the Plan B Forum in Lugano that Bitcoin tipping is in testing with Tether and slated for full deployment in early to mid-December.
- Tether, a major Rumble investor with a $775 million commitment, backs the feature as a way to empower creators and broaden crypto use among Rumble’s audience.
- Rumble is developing a native crypto wallet with MoonPay to support on-platform transactions and payouts.
- The company has adopted a Bitcoin treasury strategy and reported roughly $25 million in BTC holdings at the end of Q2 after purchases earlier this year.
- Rumble reported about 51 million active users in Q2, down from 59 million in Q1, and its shares closed at $7.14 on Friday, down more than 45% year-to-date.