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

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RUM Group, the parent of the video platform Rumble, cut its bitcoin holdings by about 68% in the third quarter, reducing them from 293.14 to 94.68 coins. The company recorded net digital asset sales of $15.3 million during the first nine months of 2026 but did not disclose the prices obtained or explain the sales. Its Quake AI cloud unit generated $68.2 million in revenue within $96.6 million of total revenue, representing 290% year-over-year growth. RUM Group posted adjusted EBITDA of $4.4 million but still recorded a $89.9 million GAAP loss, while its cash position fell to $134.4 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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