USDT-Backed Merger: Rumble and Northern Data Set to Combine in Strategic All-Stock Deal

In a significant development within the cryptocurrency and tech sectors, video-sharing platform Rumble (RUM) has announced plans to acquire cloud computing firm Northern Data in an all-stock deal. This merger brings together two companies with notable ties to Tether (USDT), the world's largest stablecoin issuer. Under the agreement, Rumble will issue 2.319 new shares for each Northern Data share, granting Northern Data shareholders approximately 33% ownership of the combined entity. The deal, which has already spurred a surge in Rumble's stock, highlights the growing intersection of digital assets, cloud computing, and decentralized finance. As of August 12, 2025, this strategic move underscores the bullish momentum in crypto-backed ventures and their potential to reshape traditional tech and financial landscapes.

Rumble to Acquire Tether-Backed Northern Data in All-Stock Deal

Video-sharing platform Rumble (RUM) surged after announcing plans to acquire cloud computing firm Northern Data in an all-stock transaction. The deal would merge two companies with ties to Tether (USDT), the world's largest stablecoin issuer.

Under the terms, Rumble will issue 2.319 new shares for each Northern Data share, giving Northern Data shareholders approximately 33% ownership of the combined entity. The acquisition brings strategic assets including Northern Data's Ardent data centers and Taiga GPU-as-a-service operations, bolstering Rumble's infrastructure with over 20,000 Nvidia H100 GPUs and 2,048 H200 units.

Tether, which holds a 54% stake in Northern Data, has agreed to convert its holdings into Rumble stock and commit to multi-year GPU purchases. The stablecoin giant will also restructure its existing loan to Northern Data to facilitate the merger. This follows Tether's $775 million investment in Rumble earlier this year, which will make it the largest Class A shareholder post-transaction.

Rumble CEO Chris Pavlovski emphasized the deal positions the company as a global leader in privacy-focused, AI-ready cloud computing infrastructure. The combined entity will control five data centers with 850 MW of potential capacity, including a Georgia facility projected to deliver 180 MW upon completion.

Blue Origin Now Accepts Cryptocurrency Payments for Space Travel

Blue Origin, the aerospace company founded by Jeff Bezos, has announced it will accept Bitcoin, Ethereum, Solana, USDT, and USDC as payment for space travel. This MOVE signals a potential shift toward broader cryptocurrency adoption within the commercial space industry.

The decision aligns with the crypto community's long-standing fascination with space exploration, often symbolized by phrases like "To the Moon" during bull markets. Payments will be processed through Shift4, a payment technology provider, allowing customers to connect wallets like Coinbase and MetaMask for transactions.

While Blue Origin's parent company, Amazon, has yet to make a similar move, this development raises questions about future crypto integration in e-commerce and other Bezos-affiliated ventures.

Sol Mining Enables XRP Holders to Mine Dogecoin for Passive Income

Sol Mining is offering XRP holders a streamlined path to Dogecoin mining, with potential earnings reaching $9,700 daily based on contract scale and hashrate. The cloud-based platform eliminates the need for physical mining rigs, leveraging renewable energy sources across Northern Europe, Canada, Asia, and North America.

The service supports deposits and withdrawals in multiple cryptocurrencies, including DOGE, BTC, ETH, SOL, XRP, and stablecoins. A referral program provides additional incentives, with rewards up to 3% and bonuses capped at $30,000. UK-registered SOL Mining emphasizes compliance and transparency, providing real-time profit tracking through a dedicated dashboard.