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Reading: Another date of 1.17 billion dollars in crypto currencies: Support signal from Altcoin giant
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EdaFace Newsfeed > Latest News > Altcoin News > Another date of 1.17 billion dollars in crypto currencies: Support signal from Altcoin giant
Altcoin News

Another date of 1.17 billion dollars in crypto currencies: Support signal from Altcoin giant

vitalclick
Last updated: August 11, 2025 1:05 pm
2 days ago
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RumbleNorthern Data on Monday about $ 1,165 billion dollars in the intention of purchasing in exchange for shares explained. The proposal foresees that each Northern data shares will be given a 2,319 new Rumble Class A shares, and Northern Data investors will be partners with about 33.3 percent of Rumbles with the assumption of all shares. Altcoin The largest in the Stablecoin market, the largest USDT’s exporter and Northern Data’s majority partner Tether, with 54 percent, signaled the proposal. In case of the proposal Tether Multi -year GPU will be the largest Class A shareholder in Rumble with its supply commitment. After the news, Rumbles shares increased by 20 percent in the operations before the opening of the market and increased to $ 9.48.

APPROVAL IS EXPECTED FOR THE BidMining Unit will also be sold

APPROVAL IS EXPECTED FOR THE Bid

Rumble said that the united structure will prioritize not only leadership in artificial intelligence cloud services, but also data privacy and independence on a global scale. Chairman of the Board of Directors and CEO Chris PavlovskiWill protect the shares representing the majority of votes in Rumbles. He announced that he would vote all his rumbles in a positive way by supporting the proposal. The company emphasized that the proposal depends on the completion of the decision of the Rumbare Board of Directors, final negotiations and comprehensive examination processes.

A cross -section of the announcement of Rumbar

Northern Data2025 announced that it carried its revenues to 109.8 million dollars with an increase of 72 percent in the first half. In the increase Taiga Cloud And Peak Mining While it is effective, mining income increased capacity and more bitcoin $120,786.28Thanks to the recovery in the price of 49 percent to 62.3 million dollars reached.

Mining Unit will also be sold

The offer is Northern Data Bitcoin mining His arm requires Peak Mining to be disposed of before the process. The company reported that Peak Mining was agreed on a non -binding framework for the sale of Electron Energy for $ 235 million. The cash to be obtained will reduce the current loan that Tether has provided to Northern Data. The balance will remain on Northern Data under modified conditions. Rumbles will not take responsibility for this loan.

Although the presence of mining is out of scope, Rumbles, corporate Bitcoin treasure He participated in his strategy and has accumulated 210.8 BTC so far. The current value of the accumulation is about 25.6 million dollars. If the process is completed, Rumble will integrate Northern Data’s Ardent Data Centers and Taiga GPU-Hizmet business, adding more than 20,000 Nvidia GPUs and approximately 850 MW capacity to the infrastructure. In addition, 180 MW strategic expansion is planned in Georgia, Maysville. The closing goal is the second half of 2025. For the proposal, the regulatory approvals in the US and Germany and the final decisions will be decisive.


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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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