Rumble Approved $20 Million to Build Its Position, Exodus’ Reserves Surpassed $150 Million, and Lantern Interactive Continues to Increase Its Holdings

robot
Abstract generation in progress

ME News Report, April 6 (UTC+8), according to BBX data, during the weekend yesterday, many mid-sized publicly traded companies worldwide took frequent actions in their anti-inflation and anti-censorship treasury strategies:
$20 million build-up plan: Rumble (NASDAQ: $RUM)
The board approved a $20 million Bitcoin strategic allocation budget yesterday. As a streaming platform emphasizing “freedom of speech,” the company stated it would convert part of its idle cash into BTC to build a hard asset reserve pool that is not subject to traditional banking system interference for the creator economy.
$150 million milestone: Exodus Movement (NYSE: $EXOD)
Yesterday, it updated its Q1 end account data, confirming that the total digital assets (mainly BTC and its held stablecoins) on its balance sheet have officially surpassed $150 million.
$5 million allocation: BlueFocus Interactive (8267.HK)
Yesterday, it announced that it had used $5 million in cash reserves over the past week (including the weekend) to continuously buy Bitcoin and Ethereum, further strengthening its digital financial moat as a Hong Kong-listed Web3 concept stock.
50% crypto payment retention: Equinix (NASDAQ: $EQIX)
This global data center giant announced yesterday in an internal test that its European division’s pilot “B2B cryptocurrency payments” received BTC and USDC, with 50% retained directly on the books, rather than fully converted into fiat currency as before.
Weekend 100% retention rate: Argo Blockchain (LSE: $ARB)
Disclosed that its Texas-based mining farm achieved 100% retention of hash power during the entire weekend (including yesterday). Through electricity dispatch optimization, the company does not need to sell any new mining output during low liquidity weekend periods. (Source: ChainCatcher)

BTC-0.08%
ETH-1.39%
USDC0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin