Tether Announces $775 Million Strategic Investment in Rumble to …

6 days ago · Investment Highlights Shared Commitment to Innovation, Free Speech, and Future Growth. December 20, 2024 – Tether, the largest company in the digital asset industry with more than 350 million users, announced today that it has entered into a definitive agreement to …

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Tether Announces $775 Million Strategic Investment In Rumble To …

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tether.io

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

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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 Announces $775 Million Strategic Investment From Tether

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

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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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Tether Invests $775 Million In Rumble Following YouTube Rival

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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 $775M Strategic Investment From Tether

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6 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 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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Rumble Stock Soars On $775 Million Investment From Tether

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5 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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Rumble Secures $775 Million Investment From Tether

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6 days ago · Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform.. As part of the deal, Tether will …

cryptobriefing.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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Rumble Gets $775 Million Investment From Crypto Firm Tether

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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.

msn.com

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Rumble Stock Surges After $775M Strategic Investment From …

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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 $7.50 per share ...

msn.com

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Tether Announces Investment In Rumble To Support …

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5 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, …

crowdfundinsider.com

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Rumble Stock Rockets On $775M Tether Investment - Nasdaq

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

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4 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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Rumble Shares Surge 46% On $775M Investment From Tether

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3 days ago · In addition to the direct investment, the deal includes a self-tender offer, which will allow stockholders to sell up to 70 million shares of Rumble's Class A Common Stock at $7.50 …

investing.com

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

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4 days ago · 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, …

morningstar.com

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Tether Unveils Huge $775 Million Strategic Investment For Rumble

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4 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’s $775 Million Rumble Investment Sparks Stock 35% Surge

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6 days ago · Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 …

cryptoslate.com

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Rumble Announces $775 Million Strategic Investment From Tether

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5 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 Stock Soars On $775 Million Investment From Tether: …

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6 days ago · Rumble Inc. (NASDAQ:RUM) shares are soaring in after-hours trading Friday after the company announced it has entered into a definitive agreement for a strategic investment of …

investingpioneers.com

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

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. ...

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. ...

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. ...

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. ...