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XETRA:ND8 20 December 2025

Tether-Linked Buyers Close $200 Million Peak Mining Deal as Rumble Pursues $767 Million Northern Data Takeover

Tether-Linked Buyers Close $200 Million Peak Mining Deal as Rumble Pursues $767 Million Northern Data Takeover

U.S. regulatory filings show Peak Mining, Northern Data’s bitcoin-mining business, was sold for up to $200 million to Highland Group Mining Inc., Appalachian Energy LLC, and 2750418 Alberta ULC. The deal structure includes $50 million upfront and up to $150 million in deferred profit share. Buyer identities and terms emerged through SEC documents tied to Rumble’s planned acquisition of Northern Data.
20 December 2025
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Stock Market Today

  • Singapore Stocks End Week Subdued Amid Global Market Uncertainty
    March 21, 2026, 10:25 PM EDT. Singapore's Straits Times Index (STI) closed the week in a tight 3,150-3,200 range, reflecting investor caution during a week marked by mixed global signals. The STI slipped 0.38%, impacted by energy price shocks and cautious U.S. Federal Reserve policy outlooks. Early gains driven by banking giants DBS and OCBC faded as oil prices surged above US$100 a barrel, pressuring property stocks like UOL, which declined over 5%. Geopolitical tensions and inflation concerns triggered further selling before holiday closures. Despite volatility, analysts highlight underlying stability in the market, buoyed by strong domestic banks and steady economic fundamentals. Going forward, investors are expected to remain selective, with the STI anticipated to trade between 3,120 and 3,220, closely watching global economic developments and monetary policy cues.
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