Thumzup, associated with Trump, expands to Dogecoin Mining star-news.press/wp

Thumzup Media, linked to TROMP, has announced a deal to get DogeHash Technologies, Inc. In the All-Stock deal. This is the last step from the company to secure a stake in the coded currency mining sector.

Thumzup acquires Dujihash in the main mining deal

In a conversation press releaseThumzup Media Corporation, which is included in Nasdaq, has participated that it will accommodate Dujahheh, an industrial infrastructure company. This company specializes in mining asset assets based on Scrypt such as Dogecoin and Litecoin.

Dogehash currently runs about 2,500 ASIC miners across North America, with a greater capacity than that is scheduled to come online by the end of the year. The joint entity aims to become the world’s leading Dogecoin mining platform.

The CEO of Thumzup, Robert Steel, said that the merger will enhance its development from the digital marketing platform to a variety of digital assets and treasury work.

“Dujihash brings global mining experience, low -cost renewable energy, access to advanced miners. Not only is our vision to extract Dogwin and Litikoin efficiently, but also to explore the useful use situations that benefit from the rapid settlement of Dukewin and low fees for daily payments and bonuses.”

Ensuring this scene, Parker Scott, CEO of Dogehash, stressed the long -term features of directing and operating the mining fleet directly.

“As the prevailing interest in DOGECOIN technologies and decentralization in expansion, we believe that we are before the curve, after we have already built a mining mining process on the scale.”

The joint works will be renamed the name Dogehash Technologies Holdings, Inc. And trade under the new “xdog” index. The deal requires the issuance of 30.7 million shares of Thumzup shares for Dujihash shareholders. Taking into account the approval of the shareholders, it is expected to be closed in the fourth quarter of 2025.

This step follows the broader expansion of Thumzup in digital assets. Through its secondary public presentation, Thumzup Media raised $ 50 millionWith the money that is heading towards a variety of encryption treasury and the purchase of mining devices.

In addition, and Thumzup Council authorized a plan To develop its encryption portfolio to $ 250 million, with XRP, USDC and DOGE allocations and other high -liquidity assets.

The market reaction is in the midst of the announcement

After Dujahheh’s announcement, R.Humzoub stock He falls Nearly 46 %, from $ 8.28 to $ 4.60, one of the largest decreases since the company’s list.

Experts link the sale to the risks of implementation and reduce shareholders. Since then, though, the arrow has recovered, as it has recently risen over $ 5 as moral levels.

Meanwhile, Dogecoin himself faced the sale of pressure in the wider encryption decline. Dog has decreased by 1.09 % over 24 hours trading at $ 0.213, which extends a weekly decrease to more than 11 %.

Analysts attribute weakness to correct the public market, not necessarily advertising. In addition, $ 23.2 million was ranked long from future traders for the distinctive symbol. Others warn that sustainable losses less than $ 0.21 can lead to another round of sales, while others say that recovery may result if Dog regains a mark of $ 0.22.

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Michael Adelek

Michael Adelek is an emotional encryption journalist known for dismantling the complex Blockchain concepts and market trends into clear and attractive novels. He specializes in providing news in a timely manner and analyzing the sharp market that keeps encryption lovers on the science and pre -curve. Thanks to an engineering background and a certificate from the University of Ibadan, Michael brings the analytical depth and accuracy to each piece he writes.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of digital assets with a fixed commitment to the relevant information in time.

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