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Rumble announces $775 million investment from Tether USDT
⬜️ Rumble has announced a $775 million investment deal with Tether to support its growth and liquidity for shareholders.⬜️ Tether will acquire 103,333,333 shares of Rumble at $7.50 each as part of the investment deal.⬜️ Rumble intends to allocate $250 million of the funds towards growth initiatives and use the rest for a self-tender offer for shares.⬜️ Following the investment announcement, Rumble's stock price surged by 35%, indicating strong market interest.⬜️ Both Rumble's CEO and Tether's CEO emphasize shared values regarding free speech and financial independence.⬜️ Speculations have arisen regarding the potential introduction of tipping and cryptocurrency payments on the Rumble platform as a result of this partnership.⬜️ The investment is expected to finalize in the first quarter of 2025, pending regulatory approvals.
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France’s 5th largest bank, BPCE Group, with €863 billion in assets, is set to offer $BITCOIN and crypto purchases to its 35 million customers in 2025.
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Cathie Wood suggests that Donald Trump’s election could spark increased acquisitions of private companies previously hindered by bureaucratic barriers.
She reaffirms her $BITCOIN price prediction, expecting it to reach $1,500,000.
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