cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

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

-

by

cryptd.in
in

Bitcoin Magazine

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

RUM Group, the parent of video platform Rumble, cut its bitcoin holdings by about two-thirds in the third quarter, the company disclosed Wednesday, as its newly acquired AI cloud business pushed it to its first profitable quarter on an adjusted basis.

The Nasdaq-listed company held 94.68 bitcoin, valued at $7.9 million, as of Sept. 30. That compares with 293.14 bitcoin worth about $17.2 million at the end of June, according to its second-quarter results.

That implies Rumble parted with roughly 198 bitcoin during the quarter, or about 68% of its stack.

The company’s cash-flow statement shows a net sale of digital assets of about $15.3 million for the first nine months of 2026. In the same period a year earlier, it spent $19.1 million buying digital assets.

Rumble did not explain the sales in its release, and it did not say what price it received. The balance sheet’s digital assets line, which the release does not break down, fell to $11.1 million from $18.5 million at the end of 2025.

Rumble’s AI pivot takes over

The bitcoin drawdown came in a quarter dominated by Quake AI, the cloud and AI infrastructure unit Rumble built around Northern Data, the German GPU operator it acquired in June.

Revenue rose 290% from a year earlier to a record $96.6 million, beating the top of the company’s guidance range. Quake AI contributed $68.2 million of that, more than 70% of the total, in its first full quarter. The unit runs about 22,000 Nvidia GPUs, which the company said were about 85% utilized.

Adjusted EBITDA came in at $4.4 million, the first positive result in company history. On a GAAP basis, RUM Group still lost $89.9 million, weighed down by $85.2 million in amortization and depreciation. Executives said on the call that about $39 million of that came from writing up the value of Northern Data’s assets in purchase accounting.

“Quake AI is now the engine of our business,” CEO Chris Pavlovski said. “We have real assets running real AI workloads for real customers and generating real cash.”

The video business itself grew more slowly. Rumble’s video segment brought in $28.4 million, up 15% year over year, and posted a $12.1 million adjusted EBITDA loss, wider than a year earlier, executives said on the call.

Cash has been falling as well. RUM Group ended September with $134.4 million in cash and cash equivalents, down from $203.3 million at the end of June and $237.9 million at the end of 2025. The company raised its stake in Northern Data to about 98% during the quarter and expects to own all of it in early 2027.

It also warned that part of the roughly 250 megawatts of unmonetized capacity it had targeted for 2027 may slip beyond that year due to market conditions. RUM Group guided fourth-quarter revenue to $88 million to $94 million.

Another bitcoin holder shrinks its treasury

Rumble has been one of the more visible bitcoin-friendly platforms outside the crypto industry. In January, it launched a crypto wallet with Tether that lets creators receive payments in bitcoin.

Its sales add to a run of companies trimming or exiting bitcoin positions as prices fall and capital shifts toward AI. Hyperscale Data sold its last bitcoin to fund an AI data center, Keel sold its entire treasury for $192 million and MARA sold 13,597 bitcoin this month.

Bitcoin traded near $72,800 early Thursday, well below the roughly $83,400 per coin implied by Rumble’s Sept. 30 valuation. At that price, its remaining 94.68 bitcoin would be worth about $6.9 million.

Whether Rumble keeps a token stack or sells the rest is a question its next quarterly report should answer.

This post Rumble (RUM) Sells Two-Thirds of Its Bitcoin as AI Cloud Business Delivers First Profitable Quarter first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.