Rumble Inc. - Class A Common Stock (RUM)

SARASOTA, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Devin Nunes, CEO and Chairman of the Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG"), issued the following statement today after a U.S. federal judge ruled that TMTG and Rumble (NASDAQRUM) are under no obligation to comply with orders from a Brazilian Supreme Court Justice attempting to force Rumble to take down a U.S.-based user’s accounts.

LONGBOAT KEY, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today celebrated a ruling from a U.S. federal court that censorship orders from Brazilian Supreme Court Justice Alexandre de Moraes have no legal force in the United States.

Rumble Shut Down in Brazil for Rejecting Censorship Demands

LONGBOAT KEY, Fla., Feb. 23, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today released the following statement from CEO and Chairman Chris Pavlovski regarding the recent appointment of content creator Dan Bongino as Deputy Director of the FBI in the Trump Administration:

LONGBOAT KEY, Fla, Feb. 19, 2025 (GLOBE NEWSWIRE) --   Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that it has filed a lawsuit along with the Trump Media & Technology Group (TMTG—owners of TRUTH Social) against Brazilian Supreme Court Justice Alexandre de Moraes, alleging that Moraes violated the free speech protections of the First Amendment when he ordered the suspension of the U.S.-based accounts of a specific well-known, politically outspoken user. Rumble and TMTG filed the suit in the U.S. District Court for the Middle District of Florida and seek a declaration that de Moraes’ orders are unenforceable in the United States. Neither Rumble nor TMTG have any entities, operations, employees, bank accounts, or businesses in Brazil.

LONGBOAT KEY, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that popular content creator Tim Pool is bringing his programming to Rumble, with much of it becoming available exclusively on Rumble Premium. The content is available on Rumble as of February 11, 2025.

LONGBOAT KEY, Fla. and WASHINGTON, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Rumble, (NASDAQRUM), the high-growth video platform and cloud services provider, today announced that U.S. President Donald Trump has established an official White House channel on the platform.

LONGBOAT KEY, Fla., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, today announced the Company has closed its strategic investment of $775 million from Tether ($USDT) (“Tether”), the largest company in the digital assets industry and the most widely used dollar stablecoin across the world with more than 400 million users. Over the last few years, Tether has become one of the most recognized symbols for financial inclusion.

LONGBOAT KEY, Fla, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, announced today the final results of its tender offer to purchase up to 70,000,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), at a purchase price of $7.50 per share, in cash, less any applicable withholding taxes and without interest, representing an aggregate purchase price of $525 million. The tender offer expired at 5:00 p.m., New York City time, on February 4, 2025.

PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The usage of cryptocurrencies and their sources of mining are both growing exponentially around the globe and are projected to continue in the coming years. According to a report from ResearchAndMarkets, describing the growing crypto outlook said: “The cryptocurrency market is forecasted to grow by USD 39.74 billion during 2024-2029, accelerating at a CAGR of 16.7% during the forecast period.” Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is acceptance of cryptocurrency by retailers. One of the major drivers for this market is the rising investment in digital assets.” Another report from Precedence Research that focused on mining said: “The global cryptocurrency mining market size is calculated at USD 2.45 billion in 2024, grew to USD 2.77 billion in 2025 and is predicted to surpass around USD 8.24 billion by 2034, expanding at a CAGR of 12.90% between 2024 and 2034. Bitcoin and numerous other cryptocurrencies service the mining progression to produce a new exchange and validate fresh transactions. Bitcoin operates on a distributed network or decentralized computer network that keeps track of cryptocurrency. New bitcoins are generated or mined when machines on the system authenticate and process the transaction. The transaction is processed by these computer networks, or miners, in return for a Bitcoin reward.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), MicroStrategy® Incorporated NASDAQ: MSTRNASDAQMSTR)(NASDAQ: RUMNASDAQRUM, MARA Holdings, Inc. (NASDAQ: MARANASDAQ), Riot Platforms, Inc. (NASDAQ: RIOTRIOT).

EQNX::TICKER_START (NYSEKULR),NASDAQ:MSTRNASDAQMSTR)(NASDAQ:RUMNASDAQRUM,(NASDAQ:MARANASDAQ),(NASDAQ:RIOTRIOT) EQNX::TICKER_END

Rumble (NASDAQRUM) is a video-sharing platform and cloud services provider that has recently secured a significant cloud services agreement with the Government of El Salvador. This partnership underscores Rumble’s commitment to freedom-oriented values, which are increasingly sought after globally. The agreement involves Rumble providing El Salvador with a comprehensive suite of cloud services, including cloud storage, computing, databases, load balancers, and Kubernetes integration. This strategic move allows Rumble to expand its international market presence and diversify its service offerings.

LONGBOAT KEY, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that it has entered a cloud services agreement with the Government of El Salvador. The deal represents the increasing migration of the world toward companies that align more with the values of freedom that Rumble represents. Rumble’s services to El Salvador will include cloud storage (object and block storage), cloud computing, databases, load balancers, and Kubernetes integration.

Rumble (NASDAQRUM) is a company that went public in 2022, aiming to build an internet infrastructure free from censorship. It competes with major players like YouTube and AWS. Despite its ambitious goals, Rumble has faced financial challenges, reporting a net loss of $116 million in 2023 and an additional $102 million in the first three quarters of 2024.

Rumble Inc. (NASDAQRUM) stock has dropped 11% in value over the past week, leading to a significant market valuation decrease of $255 million. However, company insiders appear to have avoided the pain of this loss by selling their shares earlier at a much higher price.

Rumble (NASDAQRUM), a growing video-sharing platform, has announced a $775 million strategic investment from Tether, the issuer of the USDT stablecoin. This deal aims to bolster Rumble’s growth trajectory, enhance its technology infrastructure, and expand its audience reach. The investment aligns with Rumble’s mission to provide an open and decentralized digital space while reinforcing Tether’s commitment to supporting platforms that champion free expression. The market reacted positively, with Rumble’s stock surging as investors anticipated the transformative impact of this partnership.

EQNX::TICKER_START (NYSEKULR),NASDAQ:HUTNASDAQHUT)(NASDAQ:MARANASDAQMARA,(NASDAQ:RUMNASDAQ),(NASDAQ:MSTRMSTR) EQNX::TICKER_END

Transaction Unifies Two Leaders in Decentralization, Rumble CEO Retains Controlling Stake

PALM BEACH, Fla., Dec. 26, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent article in Bitcoin Magazine addressed the recent tsunami of companies jumping into the current “IT” strategy… Bitcion as a treasury asset. The article said: “MicroStrategy’s corporate Bitcoin treasury strategy is taking off. Public companies are FOMO’ing (“Fear Of Missing Out”) into bitcoin. It’s almost as if Trump’s pro-Bitcoin stance is giving companies the green light to stack BTC. (One day in November alone ) seven public companies announced that they have bought or plan to buy bitcoin for their treasury reserves, with one new company committing to purchasing $1 million in BTC (the next day). Crazy, right? It has felt like a minimum of one to two new companies a day are adopting bitcoin as a reserve asset — not to mention all the companies getting bitcoin exposure via the ETFs. It’s surreal to witness the FOMO from companies adopting a corporate Bitcoin playbook in real time… Over the course of the next year I’m expecting this corporate Bitcoin adoption to only increase as the price of bitcoin rises and Trump takes office.”   A review of the market shows that leading companies are embracing Bitcoin Treasuries as a Strategic Asset. The adoption of Bitcoin as a corporate treasury asset is gaining momentum among innovative companies across industries. Recognizing the potential of Bitcoin as a store of value and hedge against inflation, businesses like Rumble, MicroStrategy, Marathon Digital Holdings, Hut 8 Mining Corp, KULR Technology Group, Block Inc., and Coinbase are leading the charge in integrating Bitcoin into their financial strategies.   Active tech companies in news today include:   KULR Technology Group, Inc. (NYSEKULR), Hut 8 Corp. NASDAQ: HUTNASDAQHUT)(NASDAQ: MARANASDAQMARA, Rumble Inc. (NASDAQ: RUMNASDAQ), MicroStrategy® Incorporated (NASDAQ: MSTRMSTR).

LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the high-growth video platform and cloud services provider, today announced that the much-anticipated fourth season of “Surviving Barstool” will move to Rumble, unedited and uncensored, beginning Monday, December 2, 2024. Rumble users and Barstool fans can subscribe to the Barstool Sports Rumble channel here and tune in to watch this season here. YouTube will only carry the censored version of Surviving Barstool.

LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the high-growth video platform and cloud services provider, today announced that the much-anticipated fourth season of “Surviving Barstool” will move to Rumble, unedited and uncensored, beginning Monday, December 2, 2024. Rumble users and Barstool fans can subscribe to the Barstool Sports Rumble channel here and tune in to watch this season here. YouTube will only carry the censored version of Surviving Barstool.

LONGBOAT KEY, Fla., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today sued the California Attorney General and Secretary of State over a recently passed law that unconstitutionally punishes certain political speech. Rumble is represented by Alliance Defending Freedom (ADF), a non-profit law firm that defends the right to speak freely and which also represents the satirical website “The Babylon Bee” in a related lawsuit. The suit was filed in U.S. District Court for the Eastern District of California, Sacramento Division.

LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, announced today that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company’s excess cash reserves to Bitcoin. This move emphasizes Rumble’s belief in Bitcoin as a valuable tool for strategic planning and is designed to accelerate the company’s expansion into cryptocurrency. Rumble’s Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million.

LONGBOAT KEY, Fla., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQRUM), the video-sharing platform and cloud services provider, today announced that Dr Disrespect has joined Rumble and will be streaming his popular content on the platform. As part of an agreement that includes equity with milestones as a majority of its compensation, Dr Disrespect will provide exclusive content to Rumble Premium for his “Champions Club” community. Dr Disrespect will also lead Rumble Gaming, acting as an advisor and helping to build the Rumble Gaming community.

~ MAU Growth to 67 Million, Up 26% Quarter-over-Quarter ~