Rumble Inc.’s plan to use some of the proceeds from a $775 million investment from cryptocurrency giant Tether to fund a self-tender offer will alleviate investor liquidity concerns, according to analyst firm Oppenheimer.

Oppenheimer analyst Jason Helfstein notes that Friday post-close, Rumble (RUM) announced $775M equity investment from stablecoin operator Tether, with $250M in newly issued shares at $7.50 for growth capital.

Rumble stock surged Monday after the video streaming platform said it would receive a $775 million investment from cryptocurrency company Tether. The stock jumped 91% to $3.75, putting Rumble on track for its highest close since June 12,