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 platform listed on NASDAQ under the symbol RUM. The collaboration involves a substantial investment of $775 million to support Rumble’s growth and further their shared commitment to decentralization and free speech.
MarketWatch on MSN4d
After $775 million Tether investment, Rumble’s tender offer should alleviate investor liquidity concerns, analyst saysRumble Inc.’s plan to use some of the proceeds from a $775 million investment from cryptocurrency giant Tether to fund a self ...
Rumble stock surged due to $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. See why I ...
Rumble Rockets 110% In a Month, After $775M Tether Deal--Meme-Stock Mania or Game-Changing Move?
The Motley Fool on MSN13h
Why Rumble Stock Is Sinking Today After a Week of GainsThe announcement kicked off a massive rally for Rumble, and its share price is up 105.5% over the last week even with today's pullback. Tether's investment effectively turned Rumble into one of ...
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