Back to all news
Bitcoin

Rumble (RUM) Sells Two-Thirds of Its Bitcoin as AI Cloud Business Delivers First Profitable Quarter

Bitcoin Magazine·November 12, 2026·1 min read
Rumble (RUM) Sells Two-Thirds of Its Bitcoin as AI Cloud Business Delivers First Profitable Quarter

Rumble (RUM) sold two-thirds of its Bitcoin holdings, reducing its stash to 94.68 BTC worth $7.9 million as of Sept. 30, down from 293.14 at the end of June. The sale comes as its Quake AI unit drove record revenue of $96.6 million, delivering the company's first profitable quarter.

Read at Bitcoin Magazine
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store