Rumble Secures $775 Million Investment from Tether, Stock Soars …

2 days ago  · 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 …


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Rumble Secures $775 Million Investment From Tether, Stock Soars …

4 days from now

2 days ago  · 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 …

yahoo.com

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Rumble Announces $775 Million Strategic Investment From Tether

4 days from now

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 $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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Rumble To Receive $775 Million Strategic Investment From Tether

4 days from now

5 days ago  · (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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Tether Invests $775 Million In Rumble Amid $10 Billion Profit Surge

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4 days ago  · 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 …

beincrypto.com

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Rumble To Receive $775 Million Strategic Investment From Tether

4 days from now

5 days ago  · 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 …

reuters.com

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Crypto Giant Tether Invests $775 Million In Trump-friendly Video ...

4 days from now

5 days ago  · The deal will see Tether invest $775 million in total, using $250 million to fund growth initiatives to expand the platform's reach. The rest will be used to fund a tender offer for up to …

yahoo.com

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Rumble Announces $775M Strategic Investment From Tether

4 days from now

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 Invests $775 Million In Rumble Following YouTube Rival

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5 days ago  · Stablecoin issuer Tether announced on Friday that it is investing $775 million in streaming video platform Rumble, a rival to YouTube that bills itself as an anti-censorship …

decrypt.co

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Rumble Stock Surges After $775M Strategic Investment From …

4 days from now

2 days ago  · Delving into the investment's benefits, Rumble CEO Chris Pavlovski said it exemplifies the strong connection between cryptocurrencies and free speech communities, …

stocktwits.com

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

4 days from now

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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Rumble Stock Rockets On $775M Tether Investment - Nasdaq

4 days from now

2 days ago  · Online video platform Rumble (RUM) saw its stock rocket higher on Monday after the company received a new $775 million investment from Tether (USDT), the company behind …

nasdaq.com

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Tether Diversifies Portfolio With $775 Million Rumble Investment …

4 days from now

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 Invests $775M In Rumble Sparking Stock Price Jump

4 days from now

5 days ago  · The investment, valuing Rumble shares at $7.50 each, will boost the platform’s financial stability and growth prospects. Tether $775M Rumble Investment Sends Stock …

coingape.com

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$775M Tether Investment Fuels Rumble’s Expansion And …

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Of the $775 million investment, $250 million will be put toward the growth initiatives of Rumble, such as investing in technology and further market expansion. The remaining $525 million will …

tronweekly.com

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

4 days from now

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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Video-Sharing Firm Rumble Secures $775 Million Investment From …

4 days from now

4 days ago  · Rumble Gains $775 Million Backing from Tether. As revealed in a statement shared with Bitcoin.com News, the Rumble (Nasdaq: RUM) deal was sealed on Dec. 20, 2024.Tether …

bitcoin.com

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

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2 days ago  · 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.

marketwatch.com

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Tether Announces $775 Million Strategic Investment In Rumble, …

4 days from now

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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Rumble Gets $775 Million Investment From Crypto Firm Tether

4 days from now

5 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 …

marketscreener.com

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

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4 days ago  · Tether’s investment will ensure it owns a minority position in Rumble’s outstanding common stock. The agreement means that Tether has no rights to designate any Rumble …

cryptopolitan.com

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Rumble Stock Doubles In 1 Day. What’s Behind The Surge. - Yahoo

4 days from now

2 days ago  · Rumble stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether. The stock jumped …

yahoo.com

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Rumble Announces $775 Million Strategic Investment From Tether

4 days from now

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 Shares Surge 46% In Pre-open Trade On $775M Investment …

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2 days ago  · Investing.com -- Shares of Rumble (NASDAQ: RUM) surged over 46% in pre-open trade on Monday following a $775 million investment from Tether, the digital …

streetinsider.com

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Tether Invests $775 Million In Rumble, Shares Surge 44.6% In ...

4 days from now

Rumble, which has 67 million monthly active users and reported a $25.1 million revenue in Q3 despite a $31.5 million net loss, is a key player in hosting platforms like Truth Social. The …

tradersunion.com

FAQs about Rumble Secures $775 Million Investment from Tether, Stock Soars … Coupon?

How much money did tether invest in Rumble?

Transaction Details 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. The Company will use $250 million of the proceeds to support growth initiatives. ...

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. ...

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 much money will tether invest?

The deal will see Tether invest $775 million in total, using $250 million to fund growth initiatives to expand the platform's reach. The rest will be used to fund a tender offer for up to 70 million of the company's publicly-traded Class A shares at a price of $7.50—a modest premium over the approximately $7 at which the shares had been trading. ...

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. ...

Does tether own Rumble's common stock?

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. Rumble also said that it will use a portion of the proceeds to fund a self-tender offer for up to 70 million of Rumble's common stock. ...

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