BBX: Payment Cycle Upgrade and Media Anti-Censorship—Block Increases Buybacks, Rumble Makes Its First Investment

BBX News: Yesterday, as the US stock market reopened, enterprise-level crypto allocation spread deeply from treasury companies to the tech media sector: — Payment closed-loop upgrade: Block (NYSE: XYZ) launched the “Bitcoin Circular Plan 2.0,” doubling the gross profit buyback ratio to 20% and immediately purchasing 820 BTC, further deepening its financial ecosystem closed loop. — New media entrant: Rumble (NASDAQ: $RUM) made its first allocation, spending $15.3 million to purchase 165 BTC, emphasizing bitcoin’s “censorship-resistant” feature as a perfect fit with the platform’s values. — Proactive management by mining companies: Hut 8 (NASDAQ: $HUT) shifted its strategy, using HPC business cash flow to directly purchase 50 BTC on the secondary market, no longer relying solely on mining output. The market allocation trend is deepening from simple treasury management to “business synergy.” Block’s profit reinvestment and Rumble’s value anchoring provide new models for companies in different sectors. Source: bbx.com