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Rumble has notified Northern Data of its interest in a potential all-stock exchange offer for 100% of the outstanding shares of Northern Data
Transaction would create a leading force in freedom-first infrastructure supported by Rumble's existing balance sheet
Tether, the majority shareholder of Northern Data, has indicated it would support the transaction
Following consummation of the potential transaction, Tether would become an important customer of Rumble, with a multi-year commitment to purchase GPUs
Posted In: RUM
