On November 25, 2024, Rumble Inc. (NASDAQ:RUM), the video-sharing platform and cloud services provider, made a bold announcement: the company's Board of Directors has approved a corporate treasury diversification strategy to allocate a portion of its excess cash reserves to Bitcoin. This decision positions Rumble as the latest company to embrace Bitcoin as a strategic asset, underscoring its belief in cryptocurrency's transformative potential.

In a powerful show of confidence in Bitcoin, Genius Group, an AI and education tech company, has announced it will commit 90% of its current and future reserves to Bitcoin, making it a primary pillar of its financial strategy. This bold decision includes an initial acquisition of $120 million in BTC and follows a recent board-level restructuring to bring in leaders with strong crypto backgrounds, signaling a deep commitment to the world of digital assets.