Northern Data & Rumble Merger: A New Era in Tech
Update: 2025-11-11
Description
Northern Data and Rumble inch closer to merger, with Canaccord Genuity downgrading Northern Datas stock. The deal aims to boost Rumbles cloud and data center capabilities, expand international presence, and refine market strategy. Key milestones include an exchange offer for Northern Data shares, a €150 million GPU purchase agreement with Tether, and a €100 million advertising commitment from Tether. The merger is set to finalize in Q2 2026, with Tethers backing providing significant momentum.
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