Rumble Initiates Merger with Northern Data

Rumble has commenced its merger process with Northern Data, proposing an exchange of 2.0281 Rumble shares for each Northern Data share. According to NS3.AI, the merger, announced in November of last year, aims to provide Rumble with Northern Data's data center sites and thousands of GPU servers. Tether holds a majority stake in Northern Data and owns 30% of Rumble.