1 min read
Add as a preferred source on GoogleRUM Group’s Bitcoin Balance Fell by 198.46 BTC in Q3
The balance was 293.14 BTC on June 30 and 94.68 BTC on Sept. 30, valued at about $7.9 million.
Mentioned assets
RUM Group Inc.’s Bitcoin (BTC) balance fell by 198.46 BTC between June 30 and Sept. 30, while the company’s third-quarter results showed a 290% year-over-year revenue increase and its first profitable quarter on an adjusted EBITDA basis.
RUM Group held 293.14 BTC on June 30 and 94.68 BTC on Sept. 30. The closing balance was valued at about $7.9 million. The quarter-end figures establish a decline, but the company’s releases do not describe how the balance changed.
The company’s quarter-end figures do not identify a sale or explain the change.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.