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Rumble, Tether
After $775 million Tether investment, Rumble’s tender offer should alleviate investor liquidity concerns, analyst says
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 says Tether investment alleviates concerns over Rumble liquidity
Oppenheimer analyst Jason Helfstein notes that Friday post-close, Rumble (RUM) announced $775M equity investment from stablecoin operator
Rumble Stock Soars After Video Platform Gets $775M Investment From Tether
Key Takeaways 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, although CEO Chris Pavlovski would remain the majority shareholder.
financefeeds
17h
Tether invests $775M in YouTube rival Rumble, shares soar 41%
YouTube competitor Rumble (NASDAQ: RUM) has struck a deal with stablecoin issuer Tether for a $775 million strategic ...
1d
on MSN
Rumble Stock Up 58%. Tether Investment Sends Video Platform Soaring.
Rumble stock surged Monday after the video streaming platform said it would receive a $775 million investment from ...
The Daily Hodl
21h
Stablecoin Issuer Tether Invests $775,000,000 Into YouTube Rival Rumble
Tether, the issuer of the largest stablecoin by market cap, is announcing a $775 million investment into YouTube alternative ...
Crypto News Flash
1d
Tether Set to Launch AI Platform in 2025, CEO Paolo Ardoino Reveals
Stablecoin issuer Tether Holdings Ltd is pushing for an AI embrace in the coming year amid broad diversification plans ...
Inside Bitcoins
1d
Tether Invests in Rumble to Advance Decentralized Media
On December 20, 2024, Tether revealed a strategic partnership with Rumble, a prominent video-sharing and cloud services ...
The Daily Hodl
1d
Tether Planning To Launch Own AI Platform Next Year, According to CEO Paolo Ardoino: Report
Stablecoin company and USDT issuer Tether is reportedly planning to venture into the artificial intelligence (AI) space.
Cryptopolitan on MSN
3d
Tether makes $775M bet on Rumble to challenge YouTube’s dominance
Tether has invested $775 million in Rumble, YouTube's closest competitor. The agreement will see Tether benefiting from ...
CoinDesk
3d
Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 Debut
The company, known for its $140 billion U.S. dollar stablecoin USDT, has made significant efforts to expand beyond its ...
1d
Rumble: Don't Chase Tether Deal
Rumble stock surged due to $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. See why I ...
3d
Rumble to receive $775 million strategic investment from Tether
Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a ...
3d
on MSN
Tether Sees $10 Billion in Net Profits for 2024
The world’s biggest stablecoin issuer, Tether Holdings Ltd., is on track to close the year with more than $10 billion in net ...
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