A group of American investors is bidding $25 billion to acquire TikTok, led by Employer.com Founder Jesse Tinsley, Roblox CEO David Baszucki, and Anchorage Digital's Nathan McCauley. However, ByteDance has not responded to their proposal.

The investor group has secured over $20 billion for the buyout offer, significantly higher than the competing proposal from Frank McCourt and Kevin O'Leary. They promise to implement an all-U.S. backed team to manage data, servers, and technology. While MrBeast has been mentioned in discussions, his spokesperson confirms he's exploring multiple options regarding the app's purchase.

The timing of these bids follows Trump's 75-day stay on the TikTok ban. Trump has expressed interest in seeing a bidding war for TikTok's U.S. operations, suggesting Microsoft and Oracle as potential buyers. He also stated his preference for the United States to maintain a 50% ownership position in a joint venture.

Republican Senators Tom Cotton and Pete Ricketts maintain that ByteDance must completely divest TikTok from Communist China for the app to resume operations in the U.S. Currently, TikTok remains unavailable for download on U.S. app stores, with platforms facing potential $5,000 fines per violation if they offer the app. Existing users can continue using the app, but no new downloads have been permitted since January 19.

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