Rumble Stock Surges 13% Following Tether's Major 1 Million Share Investment Boost

Video platform Rumble (RUM) experienced a significant 13% price surge after stablecoin issuer Tether increased its stake by acquiring 1 million additional shares. This strategic investment from one of cryptocurrency's largest companies signals strong confidence in Rumble's growth potential and future prospects in the competitive video streaming market. The substantial share purchase demonstrates Tether's commitment to expanding its portfolio beyond digital assets into media and technology sectors.