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Rumble, Tether and YouTube
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 gain traction since its debut in 2022. Traders look like they’re ready to rumble today.
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.
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 investment.
Business Insider
7h
Tether Supports Arcanum Capital's Fund II, Deepening Web3 Venture Capital Activities
HAMILTON, Bermuda, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Arcanum Capital ISA (“Arcanum Capital”) announced today that
Tether
, ...
MarketWatch on MSN
3d
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 ...
cryptonews
7h
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 ...
cryptopolitan on MSN
5d
Tether expects over $10 billion in net profits for 2024, plans major AI investments
Tether Holdings expects to make over $10 billion in profits for 2024, by the growing demand for its stablecoin, USDT.
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 ...
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 ...
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 ...
3d
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 ...
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Rumble
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