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

3 days from now

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

3 days from now

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 …

coindesk.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 $775 Mln Investment In Rumble And Entry Into AI

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

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

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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 On $775 Million Investment From Tether

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6 days ago  · 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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Tether Invests $775 Million In Video Site Rumble | Fortune Crypto

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6 days ago  · Crypto giant Tether invests $775 million in Trump-friendly video service Rumble. BY Jeff John Roberts. Paolo Ardoino, chief executive officer of Tether.

fortune.com

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Tether Invests $775M In Rumble, Backing YouTube Alternative

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6 days ago  · Tether, the issuer of the largest stablecoin by market capitalization, has made a $775 million investment in Rumble, a video-sharing platform known for championing free speech …

benzinga.com

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Tether Invests $775 Million In Video Platform Rumble

3 days from now

Dec 20, 2024  · Tether, the world’s biggest stablecoin issuer, said it agreed to make a strategic investment of $775 million in Rumble, the publicly-listed video platform that’s an alternative to …

theinformation.com

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Tether Invests $775M In Rumble, Backing YouTube Alternative …

3 days from now

6 days ago  · Tether has made a $775 million investment in Rumble, a video-sharing platform known for championing free speech. ... Tether Invests $775M in Rumble, Backing YouTube …

cryptonews.com

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

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Tether invests $775M to help Rumble expand and challenge YouTube. Rumble will repurchase 70M shares to provide liquidity for stockholders. Tether and Rumble plan collaboration on …

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

3 days from now

6 days ago  · 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 …

tradersunion.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 To Challenge YouTube

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5 days ago  · Tether, the largest company in the digital asset sector, has invested $775 million in Rumble, a video-sharing platform positioning itself as a competitor to mainstream services like …

btctimes.com

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Tether Invests $775M In Rumble To Challenge YouTube

3 days from now

6 days ago  · Tether, the issuer of the world’s largest stablecoin by market cap, has announced a significant $775 million investment in Rumble, a video-sharing platform known for its …

cryptometer.io

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Rumble Gains $775M Boost From Tether To Challenge YouTube’s …

3 days from now

4 days ago  · Tether Invests $775M in Rumble to Challenge YouTube’s Market Dominance. Tether, the issuer of the world’s largest stablecoin by market cap, announced a $775 million …

cryptorank.io

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

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 partnering with Rumble?

Rumble’s dedication to fostering open communication and innovation makes them an ideal ally as we continue building the infrastructure for a more decentralized, inclusive future. Lastly, beyond our initial shareholder stake, Tether intends to drive towards a meaningful advertising, cloud, and crypto payment solutions relationship with Rumble.” ...

How much is Rumble Class A common stock worth?

Tender Offer: Rumble will launch a tender offer for up to 70 million shares of Rumble Class A Common Stock at a price per share of $7.50, net to the holder in cash. All holders of Rumble Class A Common Stock will be eligible to participate in the tender offer on the same terms. ...

Who is the legal counsel for tether & Rumble?

Cantor Fitzgerald & Co. is acting as placement agent and dealer manager for the transaction. Oppenheimer & Co. is serving as capital markets advisor to Rumble, and Willkie Farr & Gallagher LLP is serving as legal counsel to Rumble. McDermott Will & Emery LLP is serving as legal counsel to Tether. ...

Is Rumble still a popular website?

Founded in 2013, Rumble is still much smaller than YouTube, reporting around 67 million monthly active users. But it has become a prime source of information for young conservatives and, after Donald Trump's election video, posted the triumphant message "We are the media now." ...

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