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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.
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 ...
cryptonews
4h
Tether Makes First VC Investment, Pouring $2M in Arcanum’s Web3 Fund
Tether has made its first foray into venture capital by investing $2 million in Arcanum Capital’s Arcanum Emerging ...
financefeeds
3d
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 ...
6d
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 ...
14h
Tether Supports Arcanum Capital's Fund II, Deepening Web3 Venture Capital Activities
Arcanum Capital ISA is registered to conduct investment business by the Bermuda Monetary Authority pursuant to the Investment Business Act 2003, as amended. Arcanum Emerging Technologies Fund II ...
Inside Bitcoins
4d
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 ...
decrypt
6d
Tether Invests $775 Million in Rumble Following YouTube Rival's Bitcoin Push
Stablecoin issuer Tether has committed $775 million to rising streaming video platform Rumble, which has adopted a Bitcoin ...
The Daily Hodl
3d
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
3d
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 ...
6d
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
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 ...
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Rumble
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