Rumble (RUM) soars on $767M Northern Data deal; Tether pledges up to $250M; Q3 revenue misses — Nov. 10, 2025
Rumble announced a $767 million all-stock deal to acquire Germany’s Northern Data, adding over 22,000 Nvidia GPUs to its cloud unit. Tether committed up to $250 million in GPU services and advertising. Rumble’s Q3 2025 revenue fell 1% to $24.8 million, while net loss narrowed to $16.3 million. Shares surged over 25% pre-market.
