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Rumble approved $20 million for position building, Exodus reserves surpass $150 million, and Blue港 Interactive continues to increase its holdings.
Mars Finance news: according to BBX data, during the weekend period yesterday, many global mid-cap listed companies took frequent actions in their treasury strategies aimed at combating inflation and resisting oversight:
$20 million initial-position plan: Rumble (NASDAQ: $RUM) yesterday’s board of directors approved a $20 million budget for a Bitcoin strategic allocation. As a streaming platform centered on “freedom of speech,” the company said it would convert part of its idle cash into BTC, aiming to build a hard-asset reserve pool for the creator economy that is not subject to interference from the traditional banking system.
$150 million milestone: Exodus Movement (NYSE: $EXOD) yesterday updated its end-of-first-quarter accounting data, confirming that the digital assets on its balance sheet (mainly BTC and stablecoin positions it holds) have officially surpassed $150 million.
$5 million allocation: Blue Hat Interactive (8267.HK) yesterday issued an announcement confirming that it has used $5 million in cash reserves to continuously buy Bitcoin and Ethereum over the past week (including the weekend), further strengthening its digital-finance moat as a Web3 concept stock among Hong Kong-listed shares.
50% crypto payment retention: Equinix (NASDAQ: $EQIX), this global data-center giant, yesterday announced in an internal test that for the “B2B crypto payments” received BTC and USDC collected by its Europe division’s pilot, it will retain 50% for direct recording on its books, rather than converting it all into fiat currency as in the past.
100% retention rate over the weekend: Argo Blockchain (LSE: $ARB) disclosed that the hash-rate output from its mining facility in Texas over the entire weekend period (including yesterday) achieved a 100% retention rate; through optimized power scheduling, the company does not need to sell any newly mined output during weekend periods with low liquidity.