Tether Global Investments Fund, S.I.C.A.F., S.A., together with its subsidiary Tether Investments, S.A. de C.V., and individual investor Devasini Giancarlo, disclosed the acquisition of Rumble Inc. (NASDAQ:RUM) Class A common stock in three transactions executed between February 3 and February 6, 2026.
The transactions are recorded with transaction code "P" and aggregate to $4,220,297. The purchases were made at prices ranging from $5.4063 to $5.4899 per share. On February 3, 193,702 shares were bought at $5.4899 per share. A second purchase on February 5 comprised 538,955 shares at $5.4063 per share. The final reported transaction took place on February 6 and involved the acquisition of 44,355 shares at $5.4817 per share.
After these three transactions, Tether Investments, S.A. de C.V. is recorded as directly owning 105,174,015 shares of Rumble Inc. Class A common stock. Tether Investments, S.A. de C.V. is a wholly owned subsidiary of Tether Global Investments Fund, S.I.C.A.F., S.A. The filings indicate that Mr. Devasini holds a greater than 50% voting interest in the parent fund.
Company financials and strategic moves
In related corporate updates, Rumble reported third-quarter results showing a narrowed net loss of $16.3 million, or $0.06 per share, a result that matched analyst expectations. This represents an improvement from the prior year’s net loss of $31.5 million. Revenue for the quarter totaled $24.8 million, which was below the analyst consensus of $26.86 million and down 1% from the same period a year earlier.
Rumble has also confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission in connection with its proposed acquisition of Northern Data AG. Under the terms disclosed, the business combination agreement would see Rumble issue 2.0281 newly issued Class A shares in exchange for each Northern Data share. The proposed transaction is expected to add roughly 22,000 Nvidia GPUs and a globally distributed network of data centers to Rumble’s cloud infrastructure.
In product development, Rumble rolled out a short-form video offering named Rumble Shorts on its platform. Mobile app versions of the feature are anticipated to follow in the near term, according to the company’s disclosure.
What this filing shows
The recent insider buys by entities tied to Tether Global and Mr. Devasini are documented via multiple Form filings and show a cumulative investment of $4.22 million in Rumble Class A shares over a four-day span. The company’s contemporaneous disclosures on operating results, the confidential SEC filing for a sizeable acquisition, and the new short-form video feature together present the developments Rumble has reported publicly alongside the equity purchases.