Tether has increased its exposure to video platform Rumble (RUM), investing another $5.7 million to acquire 1.06 million additional shares between November 19 and 21, according to a new Form 4 filing with the SEC.
A Steady Expansion of Ownership
The latest purchase brings Tether’s total holdings to over 104 million shares, strengthening its role as one of Rumble’s largest shareholders. This move follows a much larger strategic investment in December 2024, when Tether acquired 103.3 million shares for $775 million, marking the beginning of a deeper partnership between the two companies.
Breakdown of the Latest Buy
- •Shares Purchased: 1,063,670
- •Total Cost: approximately $5.7 million
- •Accumulated Holdings: more than 104 million shares post-purchase
The consistent buying underscores Tether’s conviction in Rumble’s long-term growth prospects and its ongoing expansion beyond the stablecoin sector.
A Partnership Built Around Crypto Integration
Tether and Rumble have been working closely on integrating digital assets into Rumble’s ecosystem. Their joint initiatives include:
- •Crypto tipping for creators
- •The rollout of the Rumble Wallet
- •Infrastructure upgrades designed to bring blockchain-based monetization tools to the platform’s audience
Tether’s involvement extends beyond content monetization. The company is also investing heavily in AI, data centers, and high-performance computing. As part of its partnership with Rumble and acquisition agreement involving Northern Data AG, Tether committed $150 million to support Rumble’s AI infrastructure.
A Strategic Bet on Media, AI, and Digital Payments
The combination of crypto integrations, AI infrastructure expansion, and growing equity ownership positions Tether as a long-term strategic partner in Rumble’s broader vision to challenge mainstream platforms.
With another multimillion-dollar stake added and Rumble’s stock reacting strongly, Tether’s strategy is clear: it’s not just building the world’s largest stablecoin, it’s building influence across media, payments, and next-generation computing.