Rumble: Tether has secured $150 million in commitments for GPU services and currently holds 210.82 BTC
Svmuu News Nasdaq: In its latest annual financial report, the publicly traded company Rumble disclosed that it currently holds 210.82 Bitcoin, as well as $237.9 million in cash and cash equivalents, bringing its total liquidity to approximately $256.4 million.Additionally, Rumble disclosed that the $100 million advertising investment from stablecoin issuer Tether will be paid over two years, at $50 million per year.with the first installment due in the first quarter of this year. Furthermore, Tether will provide Rumble with a commitment to purchase up to $150 million in GPU services over two years and strengthen strategic cooperation to expand AI infrastructure and high-performance computing capabilities. (Globenewswire)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Turkish investment bank Tera Group collapsed, with $14 billion in funds liquidated. The Department of Justice characterized it as a "Ponzi-like scheme."
-
2
Analysis: China's Crude Oil Imports Show Signs of Rebound, Potentially Eroding Global Oil Price Buffer
-
3
"Crypto King" Barry Silbert is shifting DCG institutional capital towards AI token Bittensor (TAO), calling it the most exciting project since Bitcoin.
-
4
After the UK sanctioned HTX, TRON Inc. began receiving TRX through an intermediary wallet funded by HTX.
-
5
Nigerian Firms Seek Regulatory Approval to Attract African Investors for Dangote Refinery IPO
-
6
What is CAF? An Analysis of Childrens Aid Foundation, CAIRO, and CarsAutoFinance
-
7
Radix blockchain suffers $1.3 million drain due to 3-year-old bug, forcing 10-day halt
-
8
Allen Media Group CEO Byron Allen Emphasizes Deleveraging After Company Loans Hit Low
-
9
Alibaba rose 4.13% intraday, now trading at $113.025.
-
10
Bitcoin hits $81K as US bond yields rebound on global oil woes
Markets Today
Recommended Reading



