🚀🚀World Giant Tether Announces $775 Million Investment: Here is the Purchase Price and Date! 🚀🚀

Tether aims to contribute to the company's growth goals with its $775 million strategic investment in the Rumble platform.

Tether, one of the world's largest stablecoin issuers, announced that it will make a $775 million strategic investment in the video platform Rumble.

This investment includes a $250 million cash contribution and a commitment to support Rumble's share repurchase offer. Within the scope of the said repurchase offer, Rumble is planned to repurchase 70 million shares at $7.50 per share.

This investment, which was made to support Rumble's growth goals, is expected to be completed in the first quarter of 2025. Rumble CEO Chris Pavlovski will continue to control the company after the transaction.

This move by Tether is considered an important milestone not only for the stablecoin ecosystem but also for the wider adoption of blockchain-based technologies.

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