Tether Announces $775 Million Strategic Investment in Rumble to …

Dec 20, 2024 · 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 …

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Dec 20, 2024 · 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 Invests $775 Million In Rumble Following YouTube Rival's …

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Dec 21, 2024 · 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 …

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

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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 …

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Dec 24, 2024 · YouTube competitor Rumble (NASDAQ: RUM) has struck a deal with stablecoin issuer Tether for a $775 million strategic investment. The agreement was announced Friday …

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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 …

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

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Dec 21, 2024 · 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 …

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Tether Pours $775M Into Video-sharing Platform Rumble

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Dec 21, 2024 · 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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Tether Invests $775 Million In Rumble Following YouTube Rival's …

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Dec 20, 2024 · Rumble CEO Chris Pavolski will retain a controlling stake in the streaming platform. At $7.50 per share of common stock, Tether’s $775 million investment in Rumble is …

ingrouppress.com

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Dec 21, 2024 · 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 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 …

nasdaq.com

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

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Dec 23, 2024 · 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 …

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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 …

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Dec 21, 2024 · Stablecoin issuer Tether introduced on Friday that it's investing $775 million in streaming video platform Rumble, a rival to YouTube Tether Invests $775 Million in Rumble …

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Rumble Gets $775 Million Investment From Crypto Firm Tether

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Dec 20, 2024 · 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 …

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Tether Invests $775M In Rumble To Challenge YouTube

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Dec 21, 2024 · 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 …

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$775M Tether Investment Fuels Rumble’s Expansion And …

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Of the $775 million investment, $250 million will be put toward the growth initiatives of Rumble, such as investing in technology and further market expansion. The remaining $525 million will …

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Rumble Secures $775 Million Investment From Tether

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

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Dec 21, 2024 · 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 …

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Rumble And Tether Partner In $775 Million Deal To Challenge Big …

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Dec 27, 2024 · Also, the focus on decentralization offers businesses an alternative to centralized services, strengthening Rumble’s position as a disruptor. Tether’s Strengths Benefit Rumble. …

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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. ...

Is Rumble a tether stock?

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 operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. ...

Does tether have a stablecoin deal with Rumble?

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 platform. The company behind the USDT stablecoin called the deal a “definitive agreement,” and it would begin with a primary investment of $250 million in cash. ...

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 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. ...

How much money does Rumble use?

Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. That $7.50 is the same price per share Tether is paying for its stake. ...