Tether Invests $775 Million in Rumble Following YouTube Rival's …

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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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 …

decrypt.co

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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 …

coindesk.com

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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 …

yahoo.com

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Rumble To Receive $775 Million Strategic Investment From Tether

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Dec 20, 2024 · 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 Secures $775 Million Investment From Tether ... - Yahoo …

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Dec 23, 2024 · 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%, …

yahoo.com

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

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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 …

tronweekly.com

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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 Amid $10 Billion Profit Surge

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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 Gets $775 Million Investment From Crypto Firm Tether

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Tether agreed to buy about 103.3 million shares of Rumble at $7.50. The tender offer is expected to close in the first quarter of 2025. Photo: Tiffany Hagler-Geard/Bloomberg News

wsj.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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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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Tether Invests $775M In YouTube Rival Rumble, Shares Soar 41%

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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 …

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

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Dec 21, 2024 · 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 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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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 …

dailyhodl.com

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Tether To Inject $775Mn Into Video-sharing Platform Rumble

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Dec 21, 2024 · Meanwhile – with over 67 million monthly active users in September – Rumble’s shares surged by 41% in after-hours trading, reaching $10.13. According to the company, …

thetechportal.com

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Rumble Gets $775 Million Investment From Crypto Firm Tether

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Dec 20, 2024 · Trump transferred all of his nearly 115 million shares — worth around $4 billion on paper — in the parent company of social networking site Truth Social as a “bona fide gift” to …

yahoo.com

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Tether Invests $775M In Rumble To Challenge YouTube

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Dec 21, 2024 · 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 …

btctimes.com

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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. …

coinedition.com

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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 …

tradersunion.com

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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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#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

FAQs about Tether Invests $775 Million in Rumble Following YouTube Rival's … Coupon?

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. ...

Will tether invest in Rumble?

Flush with cash, Tether's owners have signaled they intend to make investments outside of crypto and, on Friday afternoon, followed up by announcing the company has taken a large stake in Rumble, a video platform popular with right-wing influencers. ...

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. ...