From Video Platform to AI Powerhouse
Key Highlights:
• $1.17B all-stock deal would give Tether top shareholder status in Rumble
• Northern Data’s bitcoin mining arm excluded, set for $235M sale to Elektron Energy
Yello Paradisers! Rumble, once just the “YouTube alternative” your tech-savvy cousin swore by, is now angling to become an AI cloud titan.
On Monday, it announced plans to acquire Northern Data, minus its Bitcoin mining arm in an all-stock deal worth roughly $1.17 billion.
The proposed transaction would give Northern Data shareholders about 33.3% of Rumble, while Tether, Northern Data’s majority shareholder and the world’s largest stablecoin issuer, would become the single biggest holder of Rumble’s Class A common stock. In return, Rumble gains access to over 20,000 Nvidia GPUs, nearly 850 MW of energized data center capacity, and an excuse to start name-dropping “high-performance computing” in every press release.
The Fine Print
There’s one caveat, Rumble doesn’t want the Bitcoin mining business. Peak Mining, Northern Data’s crypto-mining division, is expected to be sold to Elektron Energy for up to $235 million before the acquisition closes. That sale will help Northern Data chip away at an existing Tether loan, which will then be amended rather than erased.
This is all part of a calculated pivot. Northern Data wants to double down on AI infrastructure, and Rumble wants to be the stage where that performance plays out. With Tether already $775 million deep into Rumble’s future, this deal would knit together a vertically aligned ecosystem for AI, cloud services, and “privacy-first” infrastructure, the kind that sounds great in investor decks and possibly even works in practice.
Why This Matters
When Tether throws $1.17B worth of weight behind AI infrastructure, it’s not just a tech headline, it’s a liquidity signal. AI tokens tend to rally in sympathy when big players lock down GPU capacity and HPC infrastructure. The Rumble–Northern Data deal is one of the largest recent private-sector AI infrastructure moves, and it puts crypto-linked AI plays firmly back in the spotlight.
What Traders Should Watch
If the deal closes in the second half of 2025, Rumble could morph into a legitimate global player in AI cloud services. For crypto markets, the more interesting subplot is Tether’s growing empire-building, it’s now deeply embedded in AI, high-performance computing, and still manages to run the most traded stablecoin on the planet.
We’ll explore the strategic market angles of Tether’s move in our next YouTube stream. Inside ParadiseFamilyVIP, we’ll map out where this could intersect with token plays in AI and infrastructure. And in MCP News Private, for just $3/month, which is less than a single haircut that still somehow comes with “styling gel” you didn’t ask for, we’ll track deal progress, potential regulatory snags, and any early market reactions that could present trading windows.
When crypto’s biggest stablecoin issuer starts stockpiling 20,000 GPUs, it’s not betting on the future, it’s trying to own it. Ignore moves like this, and you’re letting others write the AI playbook you’ll have to live in.
