RUM Enters Bind Deal for GPU Services

MT newswire2026/08/24 13:05

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

09:05 AM EDT, 08/24/2026 (MT Newswires) -- RUM (RUM) and an unaffiliated US-based third party cloud customer entered into a binding term sheet relating to the issuance by the company to the customer of a warrant to purchase up to 50.8 million shares, subject to certain vesting terms, the company said in a regulatory filing Monday. Under the six-year agreement, the customer has agreed to purchase GPU services at RUM's Maysville, Georgia facility in three equal tranches totaling around $13.7 billion, the company said. Shares of RUM were up over 5% in recent premarket trading.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.

华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01