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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 Tether, with $250M in newly issued shares at $7.50 for growth capital.
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 blockchain-enabled platform, to receive a strategic investment of $775 million.
1d
on MSN
Rumble Stock Poised to Have Best Day Ever. Tether Investment Sends Video Platform Soaring.
Rumble stock surged in premarket trading Monday after the video streaming platform said it would receive a $775 million ...
4d
Rumble, The JD Vance-Backed YouTube Clone, Is Finally Relevant, But Running Out Of Cash
The $2 billion video platform, which once attracted an investment from the Vice President-elect’s venture capital firm, needs ...
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 ...
1d
Rumble Stock Is Ripping Higher Monday: What's Going On?
Rumble Inc. (NASDAQ:RUM) shares are trading higher Monday after the company announced it entered into a definitive agreement ...
3d
on MSN
Video-Sharing Platform Rumble Nabs $775M Investment From Crypto Stablecoin Venture Tether
The video platform, which hosts content creators like gamer Dr. Disrespect, conservative host Dan Bongino and Dana White's ...
1d
on MSN
Why Rumble Stock Skyrocketed to a 52-Week High Today
After the market closed on Friday, technology company Rumble ( RUM 92.77%) announced that Tether (CRYPTO: USDT) will invest ...
1d
on MSN
Rumble Stock Soars 44% Pre-Market: Crypto Meets Free Speech — Game-Changer Or Hype?
The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 ...
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