After the CEO of video-sharing platform Rumble expressed interest in adopting a Bitcoin funding strategy, the stock price rose

ChainCatcher news, Rumble CEO Chris Pavlovski expressed interest in adopting a Bitcoin funding strategy, leading to an increase in Rumble (RUM) stock price during Tuesday's afternoon trading session in the U.S.

Pavlovski asked on X: "Should Rumble add Bitcoin to its balance sheet?" MicroStrategy (MSTR) CEO Michael Saylor replied: "Yes, I would love to discuss why and how with you."

It is reported that Rumble's revenue for the third quarter was $25.1 million, a 39% increase compared to the same period last year. Its balance sheet shows cash and cash equivalents of $130.8 million. Year to date, the company's stock price has risen 26%, with a current market capitalization of approximately $1.6 billion.