Rumble Closes $775 Million Strategic Investment from Tether and Related Tender Offer

LONGBOAT KEY, Fla., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ: RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, today announced the Company has closed its strategic investment of $775 million from Tether ($USDT) (“Tether”), the largest company in the digital assets industry and the most widely used dollar stablecoin across the world with more than 400 million users. Over the last few years, Tether has become one of the most recognized symbols for financial inclusion.