{"id":4625,"date":"2024-12-23T13:46:33","date_gmt":"2024-12-23T13:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4625"},"modified":"2024-12-23T13:46:33","modified_gmt":"2024-12-23T13:46:33","slug":"rumble-stock-soars-44-pre-market-crypto-meets-free-speech-game-changer-or-hype","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4625","title":{"rendered":"Rumble Stock Soars 44% Pre-Market: Crypto Meets Free Speech \u2014 Game-Changer Or Hype?"},"content":{"rendered":"<div>\n<p><strong>Rumble Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/RUM#NASDAQ\">RUM<\/a>) is soaring, with shares jumping 44% pre-market after <a href=\"https:\/\/www.benzinga.com\/24\/12\/42634166\/rumble-stock-soars-on-775-million-investment-from-tether-what-to-know\">a $775 million investment <\/a>from <strong>Tether<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDT<\/a>).<\/p>\n<h2 class=\"wp-block-heading\">Tether&#8217;s Investment Boosts Rumble&#8217;s Pre-Market Surge<\/h2>\n<p>The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 million in gross proceeds. This deal marks a bold move in a sector where cryptocurrency and free speech often collide.<\/p>\n<p>Rumble plans to use $250 million of the proceeds for growth initiatives, aiming to strengthen its position in the free speech video-sharing space. The remainder of the funds will be used for a self-tender offer, buying back up to 70 million shares at the same price of $7.50 each. <\/p>\n<p>CEO <strong>Chris Pavlovski<\/strong> emphasized the alignment between crypto and free speech.<\/p>\n<p><strong>Also Read: <a ...><\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/general\/social-media\/24\/12\/42646398\/rumble-stock-soars-44-pre-market-crypto-meets-free-speech-game-changer-or-hype\" alt=\"Rumble\" stock soars pre-market: crypto meets free speech game-changer or hype>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rumble Inc. (NASDAQ:RUM) is soaring, with shares jumping 44% pre-market after a $775 million investment from Tether (CRYPTO: USDT). Tether&#8217;s Investment Boosts Rumble&#8217;s Pre-Market Surge The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share, totaling $775 million in gross proceeds. This deal marks a bold move [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4625","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4625"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4625\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}