Tether Announces $775 Million Strategic Investment in Rumble to …

Dec 20, 2024 · 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 …

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Tether Announces $775 Million Strategic Investment In Rumble To …

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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 …

businessinsider.com

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Rumble To Receive $775 Million Strategic Investment From Tether

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Dec 20, 2024 · 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 Pours $775M Into Video-sharing Platform Rumble

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Dec 21, 2024 · Tether has announced a $775 million strategic investment with video sharing platform Rumble just weeks after the platform announced it would be adding Bitcoin to its balance sheet.

cointelegraph.com

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

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Dec 21, 2024 · 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 Announces $775 Million Strategic Investment From Tether

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Dec 20, 2024 · 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 Announces $775M Strategic Investment From Tether

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Dec 20, 2024 · Rumble “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 industry and …

businessinsider.com

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Rumble Announces $775M Strategic Investment From Tether

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Dec 20, 2024 · Rumble “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 industry and …

tipranks.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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Tether Announces $775 Million Strategic Investment In Rumble, …

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Dec 23, 2024 · Tether, the world’s largest stablecoin issuer, has announced a substantial investment in Rumble (Nasdaq: RUM), a prominent video-sharing platform known for its …

blockhead.co

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Rumble Inc (RUM) Announces $775 Million Strategic Investment Fro

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On December 20, 2024, Rumble Inc (RUM, Financial), a video-sharing platform and cloud services provider, announced a strategic investment agreement with Tether, the leading …

gurufocus.com

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Tether To Make $775 Million 'strategic Investment' In Rumble, …

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Dec 20, 2024 · Tether, the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into YouTube-alternative platform Rumble, according to a Reuters wire. The move …

theblock.co

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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 22, 2024 · 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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$775M Tether Investment Fuels Rumble’s Expansion And …

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$250 million was allocated for growth initiatives, with the rest for a self-tender offer. Rumble’s governance structure remains unchanged post-transaction. Rumble, a rising video-sharing and …

tronweekly.com

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Rumble Announces $775 Million Strategic Investment From Tether

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6 days ago · Rumblens Bold Move: $775 Million Investment from Tether Signals New Era in Decentralization and Cryptocurrency StrategyIn a monumental evolution within the ever …

csimarket.com

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Rumble Secures $775 Million Investment From Tether

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Dec 20, 2024 · 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 Announces $775 Million Strategic Investment From Tether …

2 weeks from now

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 …

nasdaq.com

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Bukele: Rumble Can Move To El Salvador Alongside Tether

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2 days ago · In a few years, it does make sense for Rumble to follow Tether to El Salvador. For one thing, Tether is a major investor in the platform, giving it $775 million in the last month. …

beincrypto.com

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Tether Obtains El Salvador License And Relocates Operations

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1 day ago · The announcement follows Tether‘s recent investment activities in the region. In December, the company invested $775 million in Rumble, a video and cloud computing …

blockonomi.com

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Tether To Establish Global Headquarters In El Salvador

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1 day ago · Tether previously announced reco rd-breaking profits for the third quarter of 2024 of $2.5 billion, contributing to a 2024 nine-month consolidated profit of $7.7 billion. The …

blockhead.co

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

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Rumble Inc (RUM) Announces $775 Million Strategic Investment Fro

2 weeks from now

On December 20, 2024, Rumble Inc (RUM, Financial), a video-sharing platform and cloud services provider, announced a strategic investment of $775 million from Tether, the leading …

gurufocus.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

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Tether To Make $775 Million 'strategic Investment' In Rumble, …

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Dec 23, 2024 · Last month, it announced it would allocate up to $20 million of its excess cash reserves to bitcoin. Tether, the world’s largest stablecoin issuer, has made a “strategic …

tokeninsight.com

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

Is tether investing in Rumble?

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 make a strategic investment of $775 million in Rumble (NASDAQ: RUM), a leading video-sharing platform and cloud services provider. ...

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. ...

How much will tether invest in Rumble Class A common stock?

Primary Investment: Tether will 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 the Company. Of this amount, $250 million will be used to support growth initiatives. ...

Is tether a symbol for financial inclusion?

Over the last few years, Tether has become one of the most recognized symbols for financial inclusion. The Company will use $250 million of the proceeds to support growth initiatives and the remaining proceeds to fund a self tender offer for up to 70 million of its Class A Common Stock, at the same price ($7.50 per share) as Tether’s investment. ...

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. ...

How many shares will Rumble stockholders be able to tender?

Certain Rumble stockholders have signed support agreements committing to tender 70 million shares in the aggregate, subject to the same proration and other terms of the tender offer that apply to all Rumble stockholders participating in the tender offer. ...