Rumble Announces $775 Million Strategic Investment from Tether

Dec 20, 2024  · Lastly, beyond our initial shareholder stake, Tether intends to drive towards a meaningful advertising, cloud, and crypto payment solutions relationship with Rumble.” …


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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 20, 2024  · Lastly, beyond our initial shareholder stake, Tether intends to drive towards a meaningful advertising, cloud, and crypto payment solutions relationship with Rumble.” …

rumble.com

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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 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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Tether Announces $775 Million Strategic Investment In Rumble To …

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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 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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Early Monday Surge: Rumble Climbs 70% As Tether's $775M Deal …

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3 days ago  · Early trading saw Rumble (NASDAQ:RUM) shares leap over 70% as it continues gaining following the recent disclosure of a $775 million strategic investment from Tether. It's …

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’s Stock Soars After $775 Million Investment From ... - MSN

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Rumble announced on Saturday that it had secured a strategic investment of $775 million from Tether. The company stated that Chris Pavlovski, Rumble’s chairman and CEO, will retain a …

msn.com

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Rumble Jumps After $775M Tether Deal, Boosting Liquidity - Yahoo …

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3 days ago  · Rumble (RUM) stock skyrocketed 83% after securing a $775 million investment from cryptocurrency company Tether (USDT-USD), which will acquire a stake in the company at 7.50 per share. The ...

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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Rumble Stock Surges After $775M Strategic Investment From …

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3 days ago  · Tether, the largest cryptocurrency by volume and holding 70% of market share among stablecoins, will buy 103.22 million Rumble Class A stock at $7.50 per share. Rumble …

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

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6 days ago  · 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 …

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

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

barrons.com

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

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Rumble stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether. The stock jumped 102% to $14.53 …

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

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3 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 assets company …

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

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

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6 days ago  · The Details: Tether (CRYPTO: USDT) 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 …

investingpioneers.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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Early Monday Surge: Rumble Climbs 70% As Tether's $775M Deal …

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Early trading saw Rumble (RUM, Financial) shares leap over 70% as it continues gaining following the recent disclosure of a $775 million strategic investment from Tether.It's important …

gurufocus.com

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Tether’s $775 Million Investment In Rumble Sparks Surge In Stock …

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4 days ago  · However, this strategic foray into the media space underscores Tether’s desire to diversify its portfolio and tap into the growing influence of alternative social media platforms. …

theafricalogistics.com

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Rumble And Tether's Controversial $775 Million Deal Sparks Meme …

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The stock hit $14.63, its highest level since November 2022. Meaning, if you listen closely, you can hear a crowd of noob retail traders furiously Googling “how to sell high.” (Source: Giphy) …

stocks.news

FAQs about Rumble Announces $775 Million Strategic Investment from Tether 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. ...

Will tether buy Rumble's common stock?

While Tether will acquire a minority stake in Rumble’s common stock, it will not have the authority to appoint board members. Rumble also revealed plans to use part of the funds for a self-tender offer of up to 70 million shares of its common stock. Both the investment and tender offer are expected to be completed in Q1 2025. ...

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. ...

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. ...

Why did Rumble stock skyrocket 83%?

Rumble (RUM) stock skyrocketed 83% after securing a $775 million investment from cryptocurrency company Tether (USDT-USD), which will acquire a stake in the company at 7.50 per share. The investment eases some investor liquidity concerns, and the online video platform may use the funds to strengthen its balance sheet and accelerate growth plans. ...

How much will tether spend on growth?

With the remainder funding a self-tender offer for up to 70 million shares of its Class A common stock at $7.50 per share, the same price as Tether's investment, the business intends to spend $250 million of the proceeds on growth efforts. Warning! ...

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