Rumble: Tether has provided a $150 million GPU service procurement commitment and currently holds 210.82 BTC
According to market news, Nasdaq-listed company Rumble disclosed in its latest annual financial report that it currently holds 210.82 bitcoins, as well as cash and cash equivalents worth $237.9 million, bringing total liquidity to approximately $256.4 million.
In addition, Rumble also revealed that the previous $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 provide Rumble with a commitment to procure up to $150 million in GPU services over two years and strengthen strategic cooperation to expand AI infrastructure and high-performance computing capabilities.
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