Tether Announces $775 Million Strategic Investment in Rumble to …

6 days ago  · 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, …


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Tether Announces $775 Million Strategic Investment In Rumble To …

3 days from now

6 days ago  · 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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Tether Invests $775 Million In Rumble Following YouTube Rival's …

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

3 days from now

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

3 days from now

6 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 Stock Soars After Video Platform Gets $775M Investment …

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3 days ago  · Rumble received a $775 million cash injection from cryptocurrency company Tether. Rumble explained that Tether would be purchasing 103.3 million shares at $7.50 each, …

investopedia.com

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Rumble Secures $775 Million Investment From Tether ... - Yahoo …

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3 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 To Receive $775 Million Strategic Investment From Tether

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6 days ago  · 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. The investment and the tender offer are …

yahoo.com

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Tether Pours $775M Into Video-sharing Platform Rumble

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6 days ago  · 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.

cointelegraph.com

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Rumble To Receive $775 Million Strategic Investment From Tether

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

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5 days ago  · Tether, the global leader in the stablecoin market, has strategically committed $775 million to Rumble, a rising video-sharing platform that positions itself as a decentralized …

beincrypto.com

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Tether Invests $775M In YouTube Rival Rumble, Shares Soar 41%

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3 days ago  · YouTube competitor Rumble (NASDAQ: RUM) has struck a deal with stablecoin issuer Tether for a $775 million strategic investment. The agreement was announced Friday …

financefeeds.com

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

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5 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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Tether's $775 Mln Investment In Rumble And Entry Into AI

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5 days ago  · Tether’s $775 Million Investment in Rumble. In one of its biggest ventures yet, Tether has announced a $775 million investment in Rumble, a platform challenging YouTube’s …

coinpedia.org

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News Explorer — Tether's $775 Million Investment In Rumble

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3 days ago  · Tether's $775 Million Investment in Rumble Boosts Anti-Censorship YouTube Alternative. Tether has announced a $775 million investment in Rumble, a video platform …

decrypt.co

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

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Tether Invests $775M in Video Platform Rumble for Growth. Tether has announced a $775 million investment in Rumble, a prominent video-sharing platform. This includes an initial $250 million …

tronweekly.com

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Rumble Gets $775 Million Investment From Crypto Firm Tether

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6 days ago  · Trump transferred all of his nearly 115 million shares — worth around $4 billion on paper — in the parent company of social networking site Truth Social as a “bona fide gift” to …

yahoo.com

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Stablecoin Issuer Tether Invests $775,000,000 Into YouTube Rival …

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3 days ago  · Tether, the issuer of the largest stablecoin by market cap, is announcing a $775 million investment into YouTube alternative Rumble. Rumble says in a press release that it will …

dailyhodl.com

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Rumble Stock Price Soars To Fresh Highs After Tether Invests In The ...

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4 days ago  · Rumble, the YouTube alternative video-streaming platform that has become popular in right-wing circles, said on Friday that it has secured a $775 million investment from …

yahoo.com

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

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6 days ago  · Rumble plans to use $250 million of the funding to support growth initiatives while offering to repurchase up to 70 million Class A common stock shares at $7.50 each, the same …

tradersunion.com

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Why Rumble Stock Is Gaining Today | The Motley Fool

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3 days ago  · Rumble has continued to climb following news that Tether will be investing $775 million in the company. The share price rocketed higher in early trading Tuesday, but it has …

fool.com

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Tether Invests $775 Million In Rumble - YouTube

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Tether, the largest issuer of stablecoins, has invested $775 million in Rumble, a platform that has gained popularity among conservative audiences. This inve...

youtube.com

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Tether Invests $775M In Rumble, Backing YouTube Alternative

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TetherTether USDTYouTubeHe described the investment as a strategic step in supporting technologies and companies that empower individuals and foster societal...

youtube.com

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Oppenheimer Says Tether Investment Alleviates Concerns Over …

3 days from now

3 days ago  · Oppenheimer analyst Jason Helfstein notes that Friday post-close, Rumble (RUM) announced $775M equity investment from stablecoin operator Tether, with $250M in newly …

yahoo.com

FAQs about Tether Announces $775 Million Strategic Investment in Rumble to … Coupon?

Will Rumble get a big investment from Tether?

On Friday, Rumble announced that it's on track to receive a large investment from Tether -- the company behind the Tether (USDT 0.09%) stable-coin cryptocurrency. Tether has agreed to invest $775 million in the streaming video specialist, and it's receiving new bullish meme-stock attention as a result. ...

Will tether buy back Rumble stock?

Tether will be purchasing 103 million shares of newly created Rumble stock at a price of $7.50 per share. The streaming video specialist will be using $250 million of the proceeds to fund growth initiatives. The remaining proceeds will be used to buy back stock from current shareholders at a price of $7.50 per share. ...

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. ...

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. ...

Are traders ready to Rumble today?

Traders look like they’re ready to rumble today. Most Read from Fast Company Rumble, the YouTube alternative video-streaming platform that has become popular in right-wing circles, said on Friday that it has secured a $775 million investment from cryptocurrency company Tether. ...

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