In a groundbreaking development that marks a significant shift in digital media landscape, Tether has announced a substantial $775 million investment in video-sharing platform Rumble. The December 20, 2024 announcement represents a watershed moment in the convergence of cryptocurrency and content creation platforms.
The strategic partnership brings together two pioneers in their respective fields: Tether, the digital asset giant serving over 350 million users worldwide, and Rumble, the rapidly growing video platform known for its commitment to unrestricted expression. This collaboration signals a new chapter in the evolution of decentralized media platforms.
The investment structure demonstrates Tether's deep commitment to Rumble's future. The package includes a direct cash injection of $250 million to support Rumble's expansion plans and operational goals, particularly its path toward EBITDA breakeven in 2025. Additionally, Tether will initiate a tender offer for 70 million shares at $7.50 per share, culminating in ownership of approximately 103,333,333 shares of Rumble Class A Common Stock.
Paolo Ardoino, Tether's CEO, articulated the strategic rationale behind the investment, emphasizing the alignment of values between the two companies. "We're witnessing an era where traditional media channels are increasingly losing public trust," Ardoino explained. "Our partnership with Rumble represents more than just financial investment – it's about fostering a new paradigm of transparent, uncensored communication platforms."
The significance of this partnership extends beyond mere financial considerations. Rumble's Chairman and CEO, Chris Pavlovski, expressed enthusiasm about the collaboration's potential to accelerate the platform's growth trajectory. The investment not only strengthens Rumble's financial position but also creates valuable synergies between cryptocurrency and free speech advocacy communities.
"Tether's backing provides us with the resources and strategic support needed to enter our next growth phase," Pavlovski stated. "This partnership will serve as a catalyst for innovation in decentralized media."
Looking ahead, the transaction is scheduled to conclude in the first quarter of 2025, subject to regulatory approvals and standard closing conditions. Importantly, Rumble's existing governance structure will remain unchanged, with Pavlovski maintaining his controlling stake in the company.
This landmark investment carries broader implications for the digital media industry. It exemplifies the growing convergence of blockchain technology and content platforms, potentially setting a precedent for future collaborations in the space. The partnership aims to create a more resilient, transparent, and user-centric media ecosystem.
As the digital landscape continues to evolve, this collaboration between Tether and Rumble may well serve as a blueprint for future initiatives in decentralized media. Their shared vision of creating an open, sustainable, and censorship-resistant platform could reshape how we consume and share content in the years to come.
The impact of this partnership will likely extend beyond immediate stakeholders, potentially influencing the broader conversation about digital rights, content freedom, and the role of blockchain technology in shaping the future of media distribution.
#Tether #Rumble #RUM #USDT #BTCNextMove

🤔 Have you ever thought that the world’s largest stablecoin issuer, Tether, would suddenly make such a significant investment in a right-wing streaming platform, Rumble? That's right, this isn't a dream; it's real shocking news! Tether's hefty $775 million investment caused Rumble's stock price to soar by 44.6% instantly. What secrets are hidden behind this?
💸 According to The Block, Tether's "strategic investment" not only sent Rumble's stock price skyrocketing but also shook the entire cryptocurrency industry. It’s worth noting that last month, Tether announced it would allocate up to $20 million from its excess cash reserves for Bitcoin investment, and this time it directly invested a whopping $775 million!

Has made a bold move by investing $775 million in Rumble, a growing decentralized video-sharing platform that aims to challenge YouTube’s dominance. This strategic investment comes at a time when Tether’s profits have skyrocketed, surpassing $10 billion in 2024. The deal, announced on December 20, includes an initial cash injection of $250 million into Rumble, alongside an offer to purchase up to 70 million shares at a price of $7.50 each, totaling $775 million. Despite the investment, Rumble’s CEO and Chairman, Chris Pavlovski, will continue to maintain control of the company.

Paolo Ardoino, CEO of Tether, emphasized that this partnership reflects the shared commitment to decentralization, transparency, and freedom. He underscored Rumble’s potential to disrupt the traditional media landscape, where trust in established platforms like YouTube is waning. Ardoino highlighted that Tether’s investment is in line with its broader vision of supporting technologies and businesses that empower individuals and promote societal resilience, with a particular focus on preserving freedom of speech and financial independence.

For Rumble, this investment signals an opportunity to intensify its competition with YouTube, which currently boasts over 2.5 billion active users. Pavlovski made it clear that with Tether’s backing, Rumble plans to target YouTube's market share globally, positioning itself as a viable alternative for users seeking greater autonomy and transparency in content sharing.

In addition to the Rumble investment, Tether has diversified its portfolio significantly throughout 2024, venturing into industries such as agriculture, Bitcoin mining, AI, and education. Ardoino revealed that Tether will end the year with profits exceeding $10 billion, a significant portion of which has been reinvested to strengthen its position in the stablecoin market. Looking ahead, Tether plans to expand into the artificial intelligence sector, with an AI platform set to launch by early 2025, further solidifying Tether’s expanding technological presence in the digital landscape.
#Rumble #paolo #BTCNextMove

#rumble #Tether
Paolo Ardoino announced financial investments in Rumble.
Tether invests $775 million in video hosting platform
In November, Rumble decided to allocate $20 million to create a Bitcoin reserve.
Tether CEO Paolo Ardoino said the firm will invest $775 million in Canadian video hosting company Rumble, which is positioning itself as one of YouTube's main competitors.