Tether Acquires 4.6 Million More Rumble Shares. Does that Make RUM a Buy?
Source: Motley Fool
2026-06-26 13:10:57 ET
Digital media platform Rumble Inc. (NASDAQ:RUM) , known for video sharing and livestreaming, just recorded a notable insider buy amid ongoing sector competition.
Tether Global Investments Fund reported an open-market acquisition of 4,599,365 shares for a transaction value of approximately $36.2 million, as disclosed in the SEC Form 4 filing .
Transaction value based on SEC Form 4 weighted average purchase price ($7.88); post-transaction value based on June 17, 2026 SEC Form 4 reported position value ($0.00).
Rumble Inc.
NASDAQ: RUM
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