Wu Blockchain (@WuBlockchain): Tether has announced a $775 million strategic investment in Rumble, consisting of a $250 million cash commitment and support for Rumble’s tender offer…
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Tether has announced a $775 million strategic investment in Rumble, consisting of a $250 million cash commitment and support for Rumble’s tender offer to purchase up to 70 million shares at $7.50 per share, reinforcing the platform’s growth initiatives. The transaction is expected to close in the first quarter of 2025, with Rumble CEO Chris Pavlovski retaining control. tether.io/news/tether-an…