Tether to make $775 million 'strategic investment' in Rumble, shares rally 44.6%. Tether the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into YouTube-alternative platform Rumble, according to a Reuters wire. The move seemingly represents a deepening focus on the crypto industry for Rumble, which announced last month that it would allocate up to $20 million of its excess cash reserves to bitcoin.
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