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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.
1h
on MSN
Why Rumble Stock Is Gaining Today
After a rapid upward shift in previous days, Rumble (NASDAQ: RUM) stock was gaining again in Tuesday morning trading. The ...
Money Morning
4h
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 ...
1d
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 ...
1d
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 ...
bovnews
5h
What’s Driving Rumble Inc (RUM) Stock’s 102.96% Surge Over the Past Month?
On Monday, Rumble Inc (RUM) stock saw a modest uptick, ending the day at $13.03 which represents a slight increase of $5.84 or 81.22% from the prior close of $7.19. The stock opened at $10 and touched ...
3d
on MSN
Crypto giant Tether invests $775 million in Trump-friendly video service Rumble
Tether's move to buy a large stake in Rumble signals its ambitions to expand both its technological and political ambitions.
1d
Why Rumble Shares Are Trading Higher By Around 43%; Here Are 20 Stocks Moving Premarket
Tether USDT/USD + Free Alerts has agreed to purchase 103.33 million shares of Rumble Class A Common Stock at a price per ...
Inside Bitcoins
1d
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 ...
The Daily Hodl
1d
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 ...
3d
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 ...
4d
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 ...
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