Tether's Staking Boom Drives Rumble's Ambitious AI Cloud Growth
- Tether's 1.06M-share purchase boosts Rumble's stock 14% to $6.51, expanding its stake to 104M shares ($680M). - Rumble acquires Northern Data AG for 22K Nvidia GPUs and global data centers, enhancing AI/cloud infrastructure. - Tether supports crypto integration: $150M GPU deal, $100M ad investment, and Lightning Network/USAT support. - Despite 50% YTD decline, Rumble reports improved Q3 losses and maintains "Hold" analyst rating at $14 target. - Tether's >10% stake and voting control via Giancarlo Devasi
On Monday, Rumble Inc. (NASDAQ:RUM) saw its stock price climb 14% to $6.51 after stablecoin leader
This investment comes as
Rumble has significantly expanded its crypto offerings in recent months. The platform introduced a non-custodial crypto wallet in late 2025, allowing users to tip creators with
Despite recent momentum, Rumble’s stock is still down nearly 50% for the year, mirroring wider market headwinds. The company
Tether’s influence over Rumble goes beyond its financial investment. The stablecoin company now owns more than 10% of Rumble, with Giancarlo Devasini, who holds over 50% of Tether Holdings’ voting rights,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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