Tether Announces $775 Million Strategic Investment in Rumble …
Dec 20, 2024 · The investment includes a primary commitment of $250 million in cash, with Tether also supporting Rumble’s tender offer for up to 70 million shares at $7.50 per share, reinforcing the platform’s future growth initiatives. The total anticipated investment from Tether will be approximately $775 million or 103,333,333 shares of common stock.
Rumble Announces $775 Million Strategic Investment from Tether
Dec 20, 2024 · Investment: Tether has agreed to purchase 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to Rumble.
YouTube Competitor Rumble (RUM) Gets $775M Investment From Tether
Dec 20, 2024 · YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether. Rumble will use $250 million of the money to support operations and the...
Rumble Stock Soars After Video Platform Gets $775M Investment From Tether
Dec 23, 2024 · Rumble (RUM) shares skyrocketed 60% Monday morning after the video platform received a $775 million investment from Tether, operator of a cryptocurrency platform and creator of the stablecoin...
Tether pours $775M into video-sharing platform Rumble
Dec 21, 2024 · Tether, the issuer of the world’s largest stablecoin by market cap, has invested $775 million into Rumble, an alternative platform to YouTube known for not censoring content.
Rumble Stock Soars On $775 Million Investment From Tether
Dec 21, 2024 · Rumble shares are soaring in after-hours trading Friday after the company announced a $775 million investment from Tether. Rumble says it will use $250 million of the proceeds to support growth...
$775M Tether Investment Fuels Rumble’s Expansion and …
Dec 21, 2024 · Rumble, a rising video-sharing and cloud services platform has secured a $775 million strategic investment from Tether, the digital asset industry’s leading stablecoin provider. The deal underscores a powerful alliance between the cryptocurrency and free speech communities, highlighting shared values of transparency, decentralization, and ...
Rumble to receive $775 million strategic investment from Tether
Dec 20, 2024 · Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a blockchain-enabled platform, to receive a strategic investment of $775...
Crypto giant Tether invests $775 million in Trump-friendly video ...
Dec 21, 2024 · Flush with cash, Tether's owners have signaled they intend to make investments outside of crypto and, on Friday afternoon, followed up by announcing the company has taken a large stake in Rumble,...
Rumble Rockets 110% In a Month, After $775M Tether Deal
4 days ago · Rumble just landed a game-changing $775 million investment from crypto heavyweight Tether , and Wall Street is buzzing. Tether is snapping up 103.3 million Rumble shares at $7.50 each, with $250 ...
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