Rumble: Tether has committed to $150 million in GPU service purchases and currently holds 210.82 BTC
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Jinse Finance reported that Nasdaq-listed company Rumble disclosed in its latest annual report that it currently holds 210.82 bitcoins, as well as cash and cash equivalents valued at $237.9 million, bringing its total liquidity to approximately $256.4 million. In addition, Rumble revealed that the $100 million advertising investment from stablecoin issuer Tether will be paid over two years, with $50 million each year, and the first payment will be made in the first quarter of this year. Furthermore, Tether will also provide Rumble with up to $150 million in GPU service procurement commitments over two years, and the two parties will strengthen their strategic cooperation to expand AI infrastructure and high-performance computing capabilities.
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