Evolution journalist
we
Evolution journalist
we
Involve
Thumzup Media Corporation, a social media marketing company that stimulates encryption investments earlier this year, increases the digital asset strategy after increasing the capital by $ 50 million.
Main meals:
- Thumzup $ 50 million to expand on a large scale encryption and target Blockchain investments.
- The company owns 19.1 BTC and plans to diversify to six other encrypted currencies, with the approval of the Board of Directors for up to $ 250 million in digital assets.
- The stocks rose nearly 194.5 % YTD, driven by their aggressive axis towards encryption despite the spread of the Q1 loss.
Company It announced on Wednesday that it would expand In “wide currency mining and targeted investments, using revenues of $ 10 per width per day Tuesday.
Part of the financing will go to the “infrastructure for the manufacture of modern cryptocurrencies”, with Thumzup already in talks with mining technology providers to accelerate the publication.
Thumzup Eyes Checks of $ 250 million, expanding to mining
Thumzup entered the encryption space in January, and the bitcoin purchased at first. It now possesses 19.1 BTC and plans to diversify to Dogecoin, Litecoin, Solana, XRP, ETHER and USDC, with a review of up to $ 250 million in the total Crypto Holdings.
The company’s profile in this sector has sparked additional attention in early July when Donald Trump Junior, US President Donald Trump’s son, bought 350,000 shares, at a value of $ 3.3 million at the time, according to organizational files.
Thumzup mining timing coincides with Bitcoin’s victory at a standard level of $ 124128 early on Thursday, before it reduces to $ 123,683, an increase of 3.6 % in 24 hours, per Coingecko data.
Thumzup (TZUP) shares increased by 7.62 % in trading hours on Wednesday to $ 10.87, reflecting a 1.1 % decrease during the regular session.
The stock increased nearly 194.5 % on an annual basis, with its last peak of $ 15.46 registered on August 8. However, approximately 33 % earlier this week slimled after announcing plans for a general offer of unmunused favorite stocks, later review.
Last month, Thumzup received the approval of the Board of Directors to obtain up to $ 250 million of cryptocurrencies, including bitcoin and other main digital assets.
Thumzup was founded in 2020 in Los Angeles, Thumzup runs a platform for users with funds to promote the content with brands on social media.
Thumzup provides an application that pushes users to the Product recommendations on Instagram.
A $ 2.2 million loss was recorded at only $ 151 of revenues in the first quarter. However, its store increased by approximately 75 % during the previous four sessions before it decreased by 17 % by mid -day.
In January, Thumzup has achieved a remarkable axis by announcing that it will keep its liquid origins in Bitcoin.
Since then, more than $ 2 million has accumulated from BTC. Now, the company plans to diversify more by adding six other currencies, using the money collected on its last tour.
European bitcoin wives grow
Thumzup expansion reflects a broader trend for public companies that enhance encrypted cabinet bonds.
The Stockholm -based Health Group, on Wednesday, revealed that you buy an additional 45.8 BTC, thus totaling 809.1 BTC.
H100 said it paid at least 1.14 million Swedish chips ($ 119.090) per bitcoin, for a total of 52.18 million crowns (5.47 million dollars).
The purchase process occupies 100 Her100 as the largest Bitcoin Bitcoin in the world and the fourth largest in the European Union, and the Bitcoin SE group in Germany, which owns 3,605 BTC, is by Bitcointreasuries.net.
https://cimg.co/wp-content/uploads/2025/08/14054842/1755150521-image-1755150504526_optimized.jpg
2025-08-14 06:15:00
