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RUM Group’s revenue in the third quarter increased by 290% year-on-year, adjusted EBITDA turned positive for the first time, and it held 94.68 BTC at the end of the period

Wu Shuo learned that RUM Group (RUM) announced its third quarter financial report for 2026, with revenue of US$96.6 million, a year-on-year increase of 290% and a quarter-on-quarter increase of 139%; adjusted EBITDA turned positive for the first time, reaching US$4.41 million, and net loss expanded to US$89.85 million year-on-year. In the first full quarter after acquiring Northern Data, the AI infrastructure business Quake AI contributed $68.2 million in revenue, accounting for more than 70% of total revenue, and the utilization rate of approximately 22,000 Nvidia GPUs reached 85%. The company has increased its shareholding ratio in Northern Data to approximately 98% and is expected to achieve full ownership in early 2027. Some of the computing power capacity originally planned to be commercialized in 2027 may be delayed. As of September 30, the company’s total liquidity was $142.3 million, including $134.4 million in cash and cash equivalents and 94.68 BTC (worth approximately $7.9 million). The company expects fourth-quarter revenue of $88 million to $94 million.

Source: 吴说区块链November 11, 2026 at 11:51 PM

RUM Group’s revenue in the third quarter increased by 290% year-on-year, adjusted EBITDA turned positive for the first time, and it held 94.68 BTC at the end of the period

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