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 …

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Rumble Announces $775 Million Strategic Investment From Tether

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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.com

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Tether Announces $775 Million Strategic Investment In Rumble To …

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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, …

tether.io

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Rumble And Tether Partner In $775 Million Deal To Challenge Big …

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Dec 27, 2024 · Tether’s global reach empowers Rumble’s mission to expand free speech worldwide. Rumble, a platform championing free speech, has partnered with cryptocurrency …

coinedition.com

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Rumble To Receive $775 Million Strategic Investment From Tether

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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 …

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Rumble’s $775M Tether Deal Fuels Global Expansion, Innovation

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Dec 26, 2024 · Rumble secures $775M from Tether to fuel global expansion, bolster free speech, and challenge Big Tech with creator-driven innovation. ... it discussed — Rumble CEO Chris …

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Tether’s Bold $775M Investment Fuels Rumble’s Rapid Expansion

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Rumble will use a portion of the $775 million to conduct a self-tender offer. The offer will allow shareholders to sell up to 70 million shares of Class A common stock at a price of $7.50 per …

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YouTube Competitor Rumble (RUM) Gets $775M Investment From …

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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 …

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Tether Invests $775 Million In Rumble Amid $10 Billion Profit Surge

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Dec 21, 2024 · This significant investment comes as Tether’s earnings surge, with profits soaring above $10 billion this year. Tether Eyes Media Disruption With Rumble Investment. On …

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Rumble Gets $775 Million Investment From Crypto Firm Tether

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Dec 20, 2024 · Rumble said Friday it entered an agreement for a $775 million investment from the cryptocurrency company Tether. Tether agreed to purchase about 103.3 million shares of …

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Rumble Secures $775 Million Investment From Tether

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Dec 20, 2024 · Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform.. As part of the deal, Tether will …

cryptobriefing.com

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Rumble To Receive $775 Million Strategic Investment From Tether

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Dec 20, 2024 · (Reuters) - 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 …

yahoo.com

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Rumble Stock Soars On $775 Million Investment From Tether

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Dec 21, 2024 · The Details: Tether USDT/USD has agreed to purchase 103.33 million shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross …

benzinga.com

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Rumble Announces $775 Million Strategic Investment From Tether …

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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 …

nasdaq.com

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Rumble Announces $775M Strategic Investment From Tether

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Dec 20, 2024 · Rumble “announced that it has entered into a definitive agreement for a strategic investment of $775 million from Tether, the largest company in the digital assets industry and …

businessinsider.com

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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 22, 2024 · Investment: Tether will acquire 103,333,333 shares of Rumble Class A Common Stock at $7.50 per share, resulting in $775 million in gross proceeds to Rumble. $250 million …

gizmotimes.com

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Tether’s Big Bet: A $775 Million Stake In Rumble And Bitcoin

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Dec 23, 2024 · In a bold move underscoring its commitment to the evolving digital economy, Tether, the company behind the world’s most widely used stablecoin, USDT, has announced a …

bravenewcoin.com

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After $775 Million Tether Investment, Rumble's Tender Offer Should ...

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Dec 23, 2024 · Rumble Inc.'s plan to use some of the proceeds from a $775 million investment from cryptocurrency giant Tether to fund a self-tender offer will alleviate investor liquidity …

morningstar.com

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Rumble And Tether Ink $775 Million Deal: What Could Go Wrong, …

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Dec 24, 2024 · Video-sharing platform and cloud services provider Rumble (NASDAQ: RUM) has announced a $775 million strategic investment from Tether, the cryptocurrency giant behind …

thedeepdive.ca

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

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Rumble Announces $775 Million Strategic Investment From

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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 …

globenewswire.com

FAQs about Rumble Announces $775 Million Strategic Investment from Tether Coupon?

How much will tether invest in Rumble?

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. ...

Does Rumble have a partnership with tether?

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 million. ...

Is Rumble a tether stock?

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 remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. ...

Who owns Rumble & tether?

Rumble said that following the completion of the transaction, Chris Pavlovski, Rumble's chairman and CEO, will retain his controlling stake in the company. While Tether will own a minority position in Rumble's outstanding common stock, it will not have the right to designate any members of Rumble's board. ...

How much money does Rumble use?

Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. That $7.50 is the same price per share Tether is paying for its stake. ...

How much money did rumble make in 2024?

As of Sept. 30, 2024, Rumble's cash, cash equivalents and marketable securities totaled approximately $132 million, the company said. The video platform and cloud-services provider announced Tether's strategic investment after market close on Friday. ...