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

5 days ago · 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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YouTube Competitor Rumble (RUM) Gets $775M Investment From …

5 days from now

5 days ago · 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 …

coindesk.com

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Rumble Announces $775 Million Strategic Investment From Tether

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4 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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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.

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Rumble Announces $775 Million Strategic Investment From Tether

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4 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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Rumble Gets $775M Investment From Crypto Firm Tether

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4 days ago · Tether agreed to purchase about 103.3 million shares of Rumble at $7.50, totaling $775 million. The video platform said it anticipates using $250 million to support growth initiatives.

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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 Announces $775M Strategic Investment From Tether

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4 days ago · 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 …

businessinsider.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 …

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Rumble Stock Price Today: RUM Soars On Tether Investment - Fast …

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1 day ago · Tether’s investment will see it purchase more than 103 million shares at $7.50. Rumble said it will use $250 million to support the platform’s growth and the rest to fund a self …

fastcompany.com

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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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The funding will support Rumble’s operations, share repurchases, and collaboration on innovative crypto solutions and cloud services, positioning it as a leader in decentralized media. Tether …

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

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2 days ago · In conjunction with Rumble's previously announced plan to purchase up to $20 million of bitcoin, the Tether investment should bolster interest in crypto content and …

morningstar.com

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Tether Invests In Rumble To Support Free Speech - Igaming.org

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4 days ago · Tether, the company behind the largest stablecoin by market capitalization, has made a $775 million investment in Rumble, a video-sharing platform positioning itself as an …

igaming.org

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Tether Invests $775 Million In Rumble, Signaling Tech And Media …

5 days from now

4 days ago · Tether announces a $775 million investment in video-sharing platform Rumble, purchasing shares and providing cash injection for growth initiatives. The partnership aims to …

nbnw.org

FAQs about YouTube Competitor Rumble (RUM) Gets $775M Investment From … Coupon?

How much did tether invest in Rumble?

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 Rumble at $7.50, totaling $775 million. The video platform said it anticipates using $250 million to support growth initiatives. ...

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. ...

Will Rumble's $775 million tether fund a self-tender offer?

Photo: CHRIS DELMAS/AFP via Getty Images 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 concerns, according to analyst firm Oppenheimer. ...

Why is tether partnering with Rumble?

Tether's CEO, Paolo Ardoino, spoke about the partnership as a means of encouraging decentralization and free speech. Tether also wants to investigate prospects with Rumble in cloud services, crypto payment solutions, and advertising. ...

Why is tether stock up 76%?

Digital assets company Tether made a $775 million strategic investment disclosed by Rumble (RUM, Financials). After the announcement, Rumble's stock price is up 76%, trading for $12.66 to represent investor excitement for the alliance meant to support decentralization. Warning! GuruFocus has detected 2 Warning Sign with RUM. ...

How much money will tether invest in a self-tender offer?

will use $250 million of the proceeds to support growth initiatives, the right-leaning video platform said in a statement released Friday. The remaining proceeds will fund a self-tender offer for up to 70 million of its Class A common stock at $7.50 per share, the same price as Tether’s investment, Rumble added. ...