Rumble's management keeps chasing trends through heavy share dilution, making it hard to trust. Its Tether crypto deal diluted shareholders by 100 million shares and its Northern Data acquisition for data centers by 120 million. It is now offering a counterparty 50 million shares via warrants struck at $0.01 just for a commercial deal to buy its GPU services. x.com 

Rumble's slide into the $7s ignores a known deal, now that Anthropic is revealed as its mystery compute customer. Per The Information, Anthropic signed a six-year, $13.7B agreement to lease AI compute from RUM Group's Maysville, Georgia data center, which has 120 MW of secured grid power, against just $40.4M of Q2 revenue. x.com 

Rumble could highlight its Northern Data AI cloud business aggressively, given past talk of a $16 billion spinoff of the Taiga Cloud unit. Northern Data reportedly planned that spinoff when its own market cap was about $1.5 billion in July 2024, and Rumble's prospectus for the acquisition centers on power and Nvidia GPUs. x.com  x.com  x.com