Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Tether's Staking Boom Drives Rumble's Ambitious AI Cloud Growth

Tether's Staking Boom Drives Rumble's Ambitious AI Cloud Growth

Bitget-RWA2025/11/25 00:00
By:Bitget-RWA

- Tether's 1.06M-share purchase boosts Rumble's stock 14% to $6.51, expanding its stake to 104M shares ($680M). - Rumble acquires Northern Data AG for 22K Nvidia GPUs and global data centers, enhancing AI/cloud infrastructure. - Tether supports crypto integration: $150M GPU deal, $100M ad investment, and Lightning Network/USAT support. - Despite 50% YTD decline, Rumble reports improved Q3 losses and maintains "Hold" analyst rating at $14 target. - Tether's >10% stake and voting control via Giancarlo Devasi

On Monday, Rumble Inc. (NASDAQ:RUM) saw its stock price climb 14% to $6.51 after stablecoin leader

for nearly $5.7 million between November 19 and 21. This transaction, revealed in SEC documents, to over 104 million shares, now worth about $680 million at current market prices. The uptick in Rumble’s shares happened alongside broader gains in data center and cloud computing companies, such as Cipher Mining (CIFR) and BitDeer (BTDR), which also experienced double-digit growth .

This investment comes as

accelerates its push into cloud computing and AI infrastructure. The company is set to , a deal that will bring 22,000 Nvidia GPUs into Rumble’s cloud operations and grant access to a global network of data centers. The acquisition, originally valued at $775 million, but still features a voluntary public exchange offer for Northern Data shareholders. Tether’s backing of the acquisition highlights its alignment with Rumble’s expansion strategy, which also includes a $150 million agreement to buy GPUs and a $100 million advertising commitment to promote its crypto wallet .

Rumble has significantly expanded its crypto offerings in recent months. The platform introduced a non-custodial crypto wallet in late 2025, allowing users to tip creators with

(BTC), Tether’s , and tokenized gold (XAUT). This feature, now in limited testing on Android, is expected to launch fully by December 2025 . Tether CEO Paolo Ardoino has also announced plans to on the platform. These initiatives follow a November 2024 collaboration with Tether to develop a crypto tipping function, which was revealed at the Plan B Forum in Switzerland .

Despite recent momentum, Rumble’s stock is still down nearly 50% for the year, mirroring wider market headwinds. The company

, an improvement from the $31.5 million loss in the same period of 2024, though revenue dipped slightly to $24.8 million. Analysts continue to rate the stock as “Hold,” with an average target price of $14.00 . Over the past 52 weeks, the stock has traded between $5.11 and $17.40, with a current market capitalization of $2.47 billion .

Tether’s influence over Rumble goes beyond its financial investment. The stablecoin company now owns more than 10% of Rumble, with Giancarlo Devasini, who holds over 50% of Tether Holdings’ voting rights,

. This partnership, which included a $775 million investment in 2024, has previously triggered sharp increases in Rumble’s share price, including a 40% surge earlier in 2024 .

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

XRP News Today: XRP ETFs Attract $107M Investments Despite Price Drop Amid Regulatory Doubts

- Bitwise XRP ETF attracted $107M in inflows on launch, doubling prior ETF records and boosting XRP institutional demand. - Fee waivers and XRP's cross-border payment utility drove capital inflows despite broader crypto market slowdown. - XRP price fell to $2.12 amid ETF-related volatility, with 41.5% of tokens held at a loss and $2.56 as key resistance level. - SEC approval of XRP ETFs set institutional adoption precedent, though whale concentration and regulatory risks persist. - Long-term XRP forecasts

Bitget-RWA2025/11/25 08:44
XRP News Today: XRP ETFs Attract $107M Investments Despite Price Drop Amid Regulatory Doubts

Ethereum Update: Institutions Accumulate Amid Fed Uncertainty—Will $2,720 Be Ethereum’s Turning Point?

- Ethereum ETFs saw $55.7M net inflows on Nov 21, but ETH price remains below $2,800 despite $195M institutional purchases. - BitMine Immersion added 69,822 ETH to reserves, signaling long-term bullishness amid record staking volumes and shrinking exchange reserves. - Fed policy uncertainty dominates market sentiment, with analysts highlighting $2,720 as critical support and $2,890 as immediate resistance. - Institutional confidence contrasts with 12.9% weekly ETH decline, as whale accumulation and stablec

Bitget-RWA2025/11/25 08:44
Ethereum Update: Institutions Accumulate Amid Fed Uncertainty—Will $2,720 Be Ethereum’s Turning Point?

Galaxy’s Efforts to Boost Liquidity Elevate Prediction Markets as Crucial Financial Indicators

- Galaxy Digital explores liquidity partnerships with Polymarket and Kalshi, signaling institutional interest in prediction markets with $42.4B cumulative trading volume. - The firm tests market-making experiments to enhance liquidity, aiming to reduce volatility as Kalshi (CFTC-regulated) outpaces Polymarket in trading volume. - Prediction markets now cover economics and culture, attracting Wall Street and retail investors, with Google Finance and NHL among high-profile partners. - Galaxy's strategy align

Bitget-RWA2025/11/25 08:44
Galaxy’s Efforts to Boost Liquidity Elevate Prediction Markets as Crucial Financial Indicators

Bitcoin News Update: AI Systems Drive Stability During Crypto Market Fluctuations

- Crypto market volatility in November 2025 sees Bitcoin dropping 23% to $82,605 amid $1.9B in liquidations and ETF outflows. - Platforms like GeekStake deploy AI-driven staking protocols with dynamic validator allocation to stabilize operations during network stress. - Automated systems prioritize infrastructure metrics over price data, aiming to maintain reward predictability amid liquidity strains and macroeconomic pressures. - Analysts suggest current pullbacks reflect healthy repricing, with potential

Bitget-RWA2025/11/25 08:44
Bitcoin News Update: AI Systems Drive Stability During Crypto Market Fluctuations