Tether pours $775M into video-sharing platform Rumble

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. “Tether deeply ...


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Tether Pours $775M Into Video-sharing Platform Rumble

2 weeks from now

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. “Tether deeply ...

cointelegraph.com

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Tether Pours $775M Into Video-sharing Platform Rumble

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Dec 21, 2024  · On Nov. 25, Cointelegraph reported that Rumble confirmed plans to add Bitcoin BTCUSD to its balance sheet, just days after its Pavlovski teased the idea on social media.. …

tradingview.com

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Tether Announces $775 Million Strategic Investment In Rumble To …

2 weeks from now

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 …

tether.io

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Rumble Stock Soars After Video Platform Gets $775M Investment …

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Dec 23, 2024  · 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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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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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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Tether Invests Big In Rumble As Profits Top $10 Billion This Year

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Dec 21, 2024  · Tether has invested $775 million in Rumble, a decentralized video-sharing platform, to support its growth. This move aligns with Tether's commitment to decentralization …

beincrypto.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 Announces $775 Million Strategic Investment From Tether …

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Dec 20, 2024  · Rumble has announced a strategic investment agreement with Tether, which will see the digital assets leader invest $775 million in Rumble, a video-sharing platform. Rumble …

nasdaq.com

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Video Platform Rumble Rallies On $775 Million Investment From An ...

2 weeks from now

Dec 21, 2024  · Shares of Rumble Inc. rocketed higher after hours on Friday after the right-leaning video platform said it landed a $775 million investment from Tether, a giant in the crypto world …

morningstar.com

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Tether Takes $775M Stake In Video-Sharing Platform Rumble; …

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Dec 20, 2024  · Tether Takes $775M Stake in Video-Sharing Platform Rumble; RUM Shares Soar 41%; Tether Takes $775M Stake in Video-Sharing Platform Rumble; RUM Shares Soar 41%. …

businessinsider.com

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Video-Sharing Platform Rumble Nabs $775M Investment From …

2 weeks from now

Dec 20, 2024  · The crypto stablecoin venture Tether says that it is investing $775 million in the video sharing platform and cloud provider Rumble, which has become a favorite of …

yahoo.com

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

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Dec 21, 2024  · Tether makes $775M bet on Rumble to challenge YouTube’s dominance. By Nellius Irene Updated: December 21 2024 3:36 PM UTC 2 mins read. 631570. ... Tether has …

cryptopolitan.com

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Rumble Stock Rockets On $775M Tether Investment - Nasdaq

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Dec 23, 2024  · 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 …

nasdaq.com

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Tether Invests $775M In Video Sharing Platform Rumble

2 weeks from now

Dec 22, 2024  · The investment involves Tether purchasing 103.33 million shares of Rumble’s Class A common stock at $7.50 per share. Rumble plans to use $250 million of the funds to …

cryptoglobe.com

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

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The funding will support Rumble’s operations, share repurchases, and collaboration on innovative crypto solutions and cloud services, positioning it as a leader in decentralized media. Tether …

tronweekly.com

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Tether Unveils Huge $775 Million Strategic Investment For Rumble

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Dec 22, 2024  · 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 To Inject $775Mn Into Video-sharing Platform Rumble

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Dec 21, 2024  · According to the agreed terms, Tether has agreed to purchase 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50. This investment from …

thetechportal.com

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$775,000,000: Tether Invests Whopping Sum In Video Platform …

2 weeks from now

Dec 21, 2024  · Tether, the issuer of the largest stablecoin USDT, announced its investment in Rumble, a flagship video sharing platform and cloud service provider. Out of a whopping $775 …

tradingview.com

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

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Rumble’s governance structure remains unchanged post-transaction. Rumble, a rising video-sharing and cloud services platform has secured a $775 million strategic investment from …

tronweekly.com

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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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Tether Invests $775 Million In Decentralized Video Platform Rumble

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Dec 22, 2024  · Tether and Rumble explore joint ventures in cloud and crypto payments. Tether, the leading stablecoin issuer, has invested a strategic $775m in Rumble, a self-described ‘free …

cryptonewsland.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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Tether Invests $775M In Rumble To Take On YouTube’s Market …

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Dec 23, 2024  · USDT issuer Tether announced a $775M investment in Rumble, a video-sharing platform that enforces free speech. The partnership looks to widen Rumble’s international …

thebitjournal.com

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

2 weeks from now

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 pours $775M into video-sharing platform Rumble Coupon?

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. ...

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. ...

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. ...

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. ...

Who owns tether & Rumble?

Rumble says that after the investment closes, chairman and CEO Chris Pavlovski will still hold a majority stake in the company, though he will sell as many as 10 million shares in the tender offer. Tether, meanwhile, has become one of the most prominent stablecoins in the crypto universe, with more than 350 million users. ...

How much money will Rumble get from Tether?

Rumble will receive $250 million in the deal, with 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,” the companies say. More from The Hollywood Reporter More Americans Get Their News From YouTube - and There's No Going Back ...

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