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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.
3d
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 ...
The Daily Hodl
2d
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 ...
financefeeds
2d
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 ...
2d
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 ...
Inside Bitcoins
3d
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 ...
5d
Rumble to receive $775 million strategic investment from Tether
Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a ...
coinspeaker
4h
Top 5 Coins to Join Now Before the Next Bull Run – Best Strategies for 2025
From Qubetics ($TICS), revolutionising interoperability in blockchain, to the steadfast Tron, Toncoin’s privacy-centric model ...
2d
on MSN
Rumble stock price soars to fresh highs after Tether invests in the YouTube alternative
The video platform said it will use the infusion of $250 million to support its growth. Rumble stock has mostly struggled to ...
Cryptopolitan on MSN
5d
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 ...
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