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

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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

Tether

expanded its investment by acquiring 1.06 million additional shares

for nearly $5.7 million between November 19 and 21. This transaction, revealed in SEC documents,

increased Tether's total stake in the video-sharing company

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

as per market reports

This investment comes as

Rumble

accelerates its push into cloud computing and AI infrastructure. The company is set to

purchase German data center operator Northern Data AG

, 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,

was revised following a tax probe

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

according to industry updates

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

Bitcoin

(BTC), Tether’s

USDT

, and tokenized gold (XAUT). This feature, now in limited testing on Android, is expected to launch fully by December 2025

according to product announcements

. Tether CEO Paolo Ardoino has also announced plans to

add Lightning Network integration and support for the new stablecoin USAT

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

as reported by industry insiders

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

posted a net loss of $16.3 million for the third quarter

, 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

according to analyst consensus

. Over the past 52 weeks, the stock has traded between $5.11 and $17.40, with a current market capitalization of $2.47 billion

based on financial reports

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,

considered the beneficial owner of these shares

. 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

according to market data

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.

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