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Rumble Gains on Plans to Acquire Tether-Affiliated Northern Data
Rumble shared plans on Monday to acquire cloud computing firm Northern Data in an all-stock deal. The acquisition would bolster Rumble's cloud infrastructure with Northern Data's data centers and GPU operations. Tether, which holds a 54% stake in Northern Data and invested $775 million in Rumble, is said to support the merger.
Rumble, a YouTube rival and Bitcoin treasury firm, wants to snap up AI data center company Northern Data in its latest ...
Rumble a Bitcoin treasury and video platform is set to acquire Tether-controlled AI firm Northern Data in a $1.17B deal ...
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Rumble CEO Bats For Tether-Backed Northern Data Acquisition Bid: Retail Joins The Party
Founder, Chairman, and CEO, Christopher Pavlovski, said the company’s interest in acquiring the Germany-based AI firm, ...
Investment: Tether has agreed to purchase 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to Rumble.
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