Rumble Secures $775 Million Investment from Tether, Stock Soars Over 75%
Digital assets company Tether made a $775 million strategic investment disclosed by Rumble ( RUM, Financials ). After the announcement, Rumble's stock price is up 76%, trading for $12.66 to represent investor excitement for the alliance meant to support decentralization.
MarketWatch on MSN2d
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 (RUM) stock skyrocketed 83% after securing a $775 million investment from cryptocurrency company Tether (USDT-USD), ...
The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 ...
Crypto users blasted Tether over the weekend after it invested $775 million into Rumble, with many saying it might have been a bad deal for Rumble due to business allegations around the $USDT issuer.
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