RUM Group's End-of-Quarter Bitcoin Holdings Decline to 94.68 BTC

TechFlow reported on November 12 that, according to RUM Group's earnings disclosure, as of September 30, the company held 94.68 BTC, worth approximately USD 7.9 million.

The company's previously filed quarterly report showed that as of June 30 it held 293.14 BTC, indicating that its end-of-third-quarter holdings decreased by 198.46 BTC from the previous quarter. The company's third-quarter revenue was USD 96.6 million, up 290% year over year, and adjusted EBITDA turned profitable for the first time.

Source: TechFlow