News
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.
Stocktwits on MSN4d
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, ...
Rumble a Bitcoin treasury and video platform is set to acquire Tether-controlled AI firm Northern Data in a $1.17B deal ...
Rumble, a YouTube rival and Bitcoin treasury firm, wants to snap up AI data center company Northern Data in its latest ...
As mentioned in the announcement, stablecoin issuer Tether will reportedly now be purchasing “103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 ...
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.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback