The only ones that got rich this bull cycle are stablecoin firms…
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tldr; Shares of video streaming platform Rumble surged over 14% after stablecoin issuer Tether acquired an additional 1 million shares, valued at approximately $5.75 million. Tether now owns nearly 104.4 million Rumble shares, worth around $680 million. The two companies have strengthened ties, with Tether supporting Rumble’s acquisition of Northern Data and investing in GPUs and advertising. They are also collaborating on a crypto tipping feature for Rumble users. Despite recent gains, Rumble’s stock has dropped nearly 50% year-to-date.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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The only ones that got rich this bull cycle are stablecoin firms…
tldr; Shares of video streaming platform Rumble surged over 14% after stablecoin issuer Tether acquired an additional 1 million shares, valued at approximately $5.75 million. Tether now owns nearly 104.4 million Rumble shares, worth around $680 million. The two companies have strengthened ties, with Tether supporting Rumble’s acquisition of Northern Data and investing in GPUs and advertising. They are also collaborating on a crypto tipping feature for Rumble users. Despite recent gains, Rumble’s stock has dropped nearly 50% year-to-date.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.