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Rumble: Tether has provided a $150 million GPU service procurement commitment and currently holds 210.82 BTC

Rumble: Tether has provided a $150 million GPU service procurement commitment and currently holds 210.82 BTC

PANewsPANews2026/03/07 05:07
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PANews, March 7th – According to Globenewswire, Nasdaq-listed company Rumble disclosed in its latest annual report that it currently holds 210.82 bitcoins, as well as $237.9 million in cash and cash equivalents, 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 to be made in the first quarter of this year. Furthermore, Tether has committed to providing up to $150 million in GPU service procurement to Rumble over two years, and will strengthen strategic cooperation to expand AI infrastructure and high-performance computing capabilities.

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