Stephen Alpher / CoinDesk:

Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours  —  YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether.

Stephen Alpher / CoinDesk:

Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours  —  YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether.

Source: TechMeme
Source Link: http://www.techmeme.com/241220/p25#a241220p25