Rumble Soars 20% on Bold Move to Snatch Tether-Backed Northern Data
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Rumble's stock just got a crypto-powered adrenaline shot.
The video platform's shares surged after announcing plans to acquire Northern Data—a Bitcoin mining heavyweight with tight Tether ties. This isn't your grandma's tech M&A.
Why Wall Street's buzzing
Northern Data operates 700MW of mining capacity across Europe. Their infrastructure could give Rumble an instant foothold in two hot sectors: decentralized video and Bitcoin compute.
The stablecoin connection
Tether's involvement raises eyebrows—and possibilities. The stablecoin giant could provide liquidity firepower, though cynics whisper about musical chairs with crypto balance sheets.
One thing's clear: in today's market, even video platforms need a Bitcoin strategy. Or at least a good narrative.
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