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Tether Sells Peak Mining for Up to $400M, Rumble Bids $767M for Northern Data

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$88,644.500.31%
Tether has sold Peak Mining, a unit of Northern Data, for up to $400 million to a firm linked to Tether’s Devasini and Ardoino. Rumble, where Tether holds nearly 50%, soon announced a $767 million bid for Northern Data. The firm denied EU tax fraud allegations earlier this year. Traders are using TA for crypto to assess the risk-to-reward ratio of these moves.
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