Rumble to buy crypto miner Northern Data after Tether investment — TradingView News
Video-sharing platform Rumble announced a business combination agreement with AI infrastructure company Northern Data, following its deepening financial ties with stablecoin issuer Tether.
In a Monday notice, Rumble said it would acquire Northern Data following its August announcement with Tether as part of a joint venture to purchase the AI infrastructure company. Reports suggested that the acquisition would be valued at about $767 million as part of a stock deal between Rumble and Northern Data.
Tether invested $775 million into Rumble in December 2024, citing the platform’s “fundamental values of freedom of speech and financial freedom,” according to Paolo Ardonio, CEO of the stablecoin issuer.
Ardoino joined Rumble’s investor…
