Tether invests $775 million in Rumble, including $250 million in cash and support for the repurchase of 70 million shares at $7.50 per share. This will strengthen Rumble's growth and contribute to its path toward profitability by 2025. Tether CEO Paolo Ardoino noted that the partnership reflects the values of decentralization and freedom of speech, and collaborating with Rumble will open up opportunities in advertising, cloud services, and crypto payments.
12/21/2024 12:34:07 PM (GMT+1)
Tether invests $775 million in Rumble: $250 million in cash and support for repurchasing 70 million shares at $7.50 per share to boost the platform's growth 📈
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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