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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.
1d
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 ...
2d
on MSN
Rumble Stock Doubles in 1 Day. What’s Behind the Surge.
The stock jumped 102% to $14.53 Monday afternoon, putting Rumble on track for its highest close since Sept. 19, 2022, and ...
2d
on MSN
Why Rumble Stock Skyrocketed to a 52-Week High Today
Rumble did have $131 million in cash and equivalents at the end of the third quarter of 2024. But that only gave the company ...
5d
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 ...
Money Morning
1d
Rumble Stock Soars 100%: Bull Market Signal or Time for a Healthy Correction?
After such a parabolic move, the stock is likely to pause and enter a “healthy correction” phase. These pullbacks are common ...
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 ...
2d
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 ...
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 ...
Wrestlezone on MSN
1d
Nic Nemeth Addresses A Potential 2025 WWE Royal Rumble Appearance
Could we see Nic Nemeth in another Royal Rumble? In January 2024, Jordynne Grace emerged as the second TNA representative to ...
CoinDesk
5d
Tether Takes $775M Stake in Video-Sharing Platform Rumble; RUM Shares Soar 41%
Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million ...
2d
on MSN
These Stocks Are Moving the Most Today: Honda, Qualcomm, Broadcom, Lilly, ResMed, Tesla, Walmart, Rumble, and More
Honda and Nissan begin merger talks with a plan for the combination to be completed in 2026, Qualcomm scores a victory in its ...
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