Will GameStop, AMC Follow MicroStrategy, Rumble Into Bitcoin?

MicroStrategy Inc (NASDAQ:MSTR) drove market conversations around a “Bitcoin treasury,” whereby companies allocate treasury funds to Bitcoin (CRYPTO: BTC) rather than traditional investments. Rumble Inc (NASDAQ:RUM) followed suit, as revealed in an announcement on Monday. This begs the question: Which companies will adopt Bitcoin next?

The Announcement: Shares of Rumble jumped over 3% on Tuesday morning following the company board’s approval of a Bitcoin plan. The strategy involves potential investments of up to $20 million in Bitcoin, or …

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