Rumble Announces $775 Million Strategic Investment from Tether

5 days ago · 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.

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Rumble Announces $775 Million Strategic Investment From Tether

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5 days ago · 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.

businessinsider.com

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Rumble Announces $775M Strategic Investment From Tether

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4 days ago · 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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5 days ago · Rumble Will Use $250 Million of Proceeds to Further Solidify Balance Sheet and Accelerate Growth Initiatives. Remaining Proceeds Will Be Used to Fund Self Tender Offer for …

marketscreener.com

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Tether Pours $775M Into Video-sharing Platform Rumble

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4 days ago · Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.

cointelegraph.com

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Rumble Stock Surges After $775M Strategic Investment From …

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2 days ago · Rumble said it will use $250 million of the proceeds to support growth initiatives and the remaining to fund a self-tender offer for up to 70 million of its Class A common stock at …

stocktwits.com

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Rumble’s Stock Soars After $775 Million Investment From ... - MSN

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Rumble announced on Saturday that it had secured a strategic investment of $775 million from Tether. The company stated that Chris Pavlovski, Rumble’s chairman and CEO, will retain a …

msn.com

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Tether Unveils Huge $775 Million Strategic Investment For Rumble

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3 days ago · Tether, stablecoin issuer, has announced its entry into a definitive contract for a planned investment in the popular video-sharing and cloud services platform Rumble. Tether …

blockchainreporter.net

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Tether Announces $775 Million Strategic Investment In Rumble, …

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2 days ago · Tether, the world’s largest stablecoin issuer, has announced a substantial investment in Rumble (Nasdaq: RUM), a prominent video-sharing platform known for its commitment to …

blockhead.co

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

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Tether has announced a $775 million investment in Rumble, a prominent video-sharing platform. This includes an initial $250 million to drive growth and operations, with the full transaction set …

tronweekly.com

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Tether Diversifies Portfolio With $775 Million Rumble Investment …

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The $775 million investment in Rumble, a platform advocating for free speech and open communication, aligns with Tether’s commitment to supporting “freedom tech.” This …

commstrader.com

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

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3 days ago · 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 $775 …

bravenewcoin.com

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Tether's $775M Bet On Rumble: A Move To Challenge YouTube

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4 days ago · Tether has invested $775 million in Rumble, YouTube’s closest competitor. The agreement will see Tether benefiting from adverts and other packages. The deal will be …

cryptopolitan.com

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Rumble Announces $775 Million Strategic Investment From Tether

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4 days ago · 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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Rumble's Strategic Partnership With Tether: A $775 Million Shift

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6 days ago · Rumble Secures $775 Million Investment from Tether. The recent collaboration between Rumble and Tether presents a significant step forward in the realm of decentralized …

investorshangout.com

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Rumble Announces $775 Million Strategic Investment From Tether

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Nov 25, 2024 · Rumblens Bold Move: $775 Million Investment from Tether Signals New Era in Decentralization and Cryptocurrency StrategyIn a monumental evolution within the ever …

csimarket.com

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

Is Rumble a tether investment?

Rumble (RUM) “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 the most widely used dollar stablecoin across the world with more than 350 million users. ...

Does Rumble have a deal with tether?

A ccording to Chicago reports, video-sharing platform and cloud service provider Rumble has finalized a substantial investment deal with blockchain -backed platform Tether. Rumble announced on Saturday that it had secured a strategic investment of $775 million from Tether. ...

Will tether buy Rumble Class A shares?

Warning! GuruFocus has detected 2 Warning Sign with RUM. Under the deal, Tether will buy 103.3 million Rumble Class A Common Stock shares at $7.50 each. From the earnings, Rumble intends to deploy $250 million to support its financial sheet and drive its growth objectives. ...

How has Rumble impacted crypto investors?

His crypto-friendly policies, including potential plans for a U.S. Bitcoin strategic reserve, have energized crypto investors and driven Bitcoin’s record-breaking rally. Rumble secures a $775 million investment from Tether, maintaining CEO control, with plans for a stock buyback in Q1 2025. ...

Is tether a symbol for financial inclusion?

Over the last few years, Tether has become one of the most recognized symbols for financial inclusion. The Company will use $250 million of the proceeds to support growth initiatives and the remaining proceeds to fund a self tender offer for up to 70 million of its Class A Common Stock, at the same price ($7.50 per share) as Tether’s investment. ...

How many shares will Rumble stockholders be able to tender?

Certain Rumble stockholders have signed support agreements committing to tender 70 million shares in the aggregate, subject to the same proration and other terms of the tender offer that apply to all Rumble stockholders participating in the tender offer. ...