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Wu Blockchain· 2025-07-18 01:28
Nasdaq-listed Thumzup Media Corporation has announced that its Board has authorized the company to hold up to $250 million in crypto assets, including BTC, ETH, SOL, XRP, DOGE, LTC, and USDC. Previously, Donald Trump Jr., son of former U.S. President Donald Trump, acquired around 350,000 shares of Thumzup.https://t.co/cJgtPOvbGk ...
Thumzup Media Corporation's Board of Directors Authorizes Company to Hold up to $250 Million in Cryptocurrencies
Prnewswire· 2025-07-17 17:16
Core Insights - Thumzup Media Corporation has received approval from its Board of Directors to diversify its cryptocurrency portfolio, allowing the company to hold up to $250 million in various cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC [1][2][3] Company Strategy - The company aims to remain at the forefront of the evolving cryptocurrency landscape as the U.S. federal government moves towards more crypto-friendly policies and regulatory clarity [2] - By diversifying its cryptocurrency holdings, Thumzup seeks to gain broader market exposure and create significant value for its shareholders [2][3] Technological Innovation - Thumzup is also developing a patent-pending Lifestyle AI Agent Marketplace, which is intended to revolutionize lifestyle planning through curated, AI-powered experiences [3] - The company operates a proprietary platform that allows users to earn cash for sharing branded content on social media, managed through a programmatic advertiser dashboard [2] Market Presence - The Thumzup app is available for download on both the App Store and Google Play, indicating the company's commitment to accessibility and user engagement [4] - Thumzup has been featured in notable media outlets such as CBS Los Angeles and KTLA, enhancing its visibility in the market [4]
Thumzup Media Corporation Board Approves the Accumulation of Additional Leading Cryptocurrencies
Prnewswire· 2025-07-09 14:26
Core Viewpoint - Thumzup Media Corporation is expanding its digital asset strategy to include a broader range of cryptocurrencies beyond Bitcoin, aiming to enhance financial flexibility and support the growth of its AdTech platform [1][2][3] Company Strategy - The Board of Directors has authorized management to accumulate additional cryptocurrencies, specifically Dogecoin (DOGE), Litecoin (LITE), Solana (SOL), Ripple (XRP), Ether (ETH), and USD Coin (USDC) [1][2] - This initiative builds on the existing strategy that allows the company to hold up to 90% of its liquid assets in Bitcoin, with current holdings of 19.106 BTC valued at approximately $2.1 million as of July 8, 2025 [2] Management Perspective - The CEO of Thumzup stated that diversifying into other leading cryptocurrencies aligns with the company's commitment to innovation and prudent treasury management, which could enhance financial flexibility as the company scales its operations [3] Product Offering - Thumzup Media Corporation is focused on democratizing the social media branding and marketing industry through its flagship product, the Thumzup platform, which allows users to earn cash for posting about participating advertisers [3]
Thumzup Media Corporation Announces Closing of $6.5 Million Registered Direct Offering of Series C Preferred Stock at $60.00 Per Share (The Functional Equivalent of $6.00 Per Share of Common Stock)
Prnewswire· 2025-07-07 20:30
Core Viewpoint - Thumzup Media Corporation has successfully completed a registered direct offering of Series C Convertible Preferred Stock, raising approximately $6.04 million for general corporate purposes and potential cryptocurrency accumulation [1][2]. Group 1: Offering Details - The offering involved the sale of 108,333 shares of Series C Convertible Preferred Stock, convertible into a total of 1,083,333 shares of common stock at a price of $60.00 per share of Series C, equivalent to $6.00 per share of common stock [1]. - Each share of Series C converts into 10 shares of common stock, and the Series C is non-voting with conversion limitations of 4.99% or 9.99% beneficial ownership [1]. - Dominari Securities LLC acted as the sole placement agent for the offering, which was conducted under an effective shelf registration statement [3]. Group 2: Use of Proceeds - The net proceeds from the offering, approximately $6.04 million, will be utilized for general corporate purposes and to explore the accumulation of other cryptocurrencies [2]. Group 3: Company Overview - Thumzup Media Corporation is focused on democratizing the social media branding and marketing industry, offering a platform that allows users to earn cash for posting about participating advertisers [5]. - The Thumzup platform features a programmatic advertiser dashboard and a consumer-facing app, facilitating cash payments to users through digital payment systems [5].
Thumzup Media Corporation Announces $6.5 Million Financing at $6.00 Per Share
Prnewswire· 2025-06-30 21:31
Core Points - Thumzup Media Corporation has entered into a definitive agreement to purchase up to 1,083,333 shares of common stock at a price of $6.00 per share, aiming for gross proceeds of approximately $6.5 million before expenses [1] - The offering includes the issuance of 179,500 shares of Series C Convertible Preferred Stock, which are non-voting and have beneficial ownership limitations of 4.99% and 9.99% [1] - The net proceeds from the offering will be used for general corporate purposes and to explore accumulating other cryptocurrencies [1] Company Overview - Thumzup Media Corporation is focused on democratizing the social media branding and marketing industry, which is valued in the billions [4] - The company's flagship product, the Thumzup platform, allows users to earn cash for posting about participating advertisers on social media through a user-friendly app [4] - Advertisers can customize their campaigns using a programmatic advertiser dashboard, and payments to users are facilitated through digital payment systems like PayPal [4]
Thumzup Media Corporation Achieves Growth Milestone, Surpasses 1000 Advertiser Locations on Its Proprietary AdTech Platform
Prnewswire· 2025-06-04 13:25
Core Insights - Thumzup Media Corporation has surpassed 1000 advertiser locations, achieving a Compound Annual Growth Rate (CAGR) of 218%, indicating significant growth in the digital advertising sector [1][2][3] Company Overview - Thumzup is recognized for its innovative AdTech platform, which has expanded strategically across regions such as Southern California, South Florida, Miami, and the Greater Salt Lake City area [2][3] - The platform integrates with major social media channels, including Instagram Reels and X (formerly Twitter), reaching over 535 million monthly active users, thus enhancing engagement opportunities for brands [2][3] Product and Services - The Thumzup platform allows users to earn cash for posting about participating advertisers on social media, utilizing a programmatic advertiser dashboard and a consumer-facing app [3] - Advertisers can customize their campaigns programmatically through the dashboard, and payments to app users are facilitated via PayPal and other digital payment systems [3] Market Position and Future Outlook - The CEO of Thumzup highlighted the achievement of surpassing 1000 advertiser locations as a validation of the increasing demand for the platform, emphasizing ongoing investments in market expansion and technological innovation [3]
Thumzup Media Corporation to be Included in the Russell Microcap® Index
Prnewswire· 2025-05-27 13:21
Index Inclusion to Occur on June 30, 2025Russell's U.S. Indexes Serve as the Benchmark for Approximately $10.6 trillion in Assets as of the Close of June 2024Both TZUP and BTC Recently Hit All-Time Highs as Thumzup Continues to Execute its Bitcoin Accumulation StrategyLOS ANGELES, May 27, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a BTC accumulator and advertising industry disruptor, today announced that the Company will be included on the Russell Microcap® I ...
Thumzup Media Corporation(TZUP) - 2025 Q1 - Quarterly Report
2025-05-15 20:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as Specified in its Charter) | Nevada | 511210 | 85-3651036 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary Standard Industrial | (Internal Revenue Service | | Incorporation or Organization) | Classification Code Number) | Employer Identification Number) | | 10557-B Jefferson Blvd, Culver City, ...
Thumzup Media Corporation Expands Capital Strategy With Bitcoin-Backed Credit Facility from Coinbase Prime
Prnewswire· 2025-05-13 14:15
Company Overview - Thumzup Media Corporation is focused on democratizing the multi-billion dollar social media branding and marketing industry through its Thumzup platform, which allows users to earn cash for posting about advertisers on social media [3] Capital Strategy - Thumzup has filed a shelf registration statement to raise up to $500 million for working capital and to accelerate its Bitcoin acquisition strategy [1] - The company currently holds 19.106 BTC, valued at approximately $2.0 million as of May 12, 2025 [1][2] - The Board of Directors has authorized Thumzup to hold up to 90% of its liquid assets in Bitcoin under its BTC Reserve Strategy [1][2] Partnership with Coinbase - Thumzup has established a Bitcoin-backed credit facility with Coinbase Prime to access non-dilutive capital [1] - The CEO of Thumzup highlighted the significance of Coinbase's addition to the S&P 500 as a milestone for the crypto industry and emphasized the strategic relationship with Coinbase [2] Strategic Positioning - The company believes it is optimally positioned to accelerate its Bitcoin acquisition strategy and create significant shareholder value due to its clean capital structure [2]
Thumzup Media Corporation Files Form S-3 Amendment to Increase Shelf Registration to $500 Million
Prnewswire· 2025-05-06 15:30
Expanded Registration Statement to Support Working Capital and to Further its Bitcoin Treasury StrategyThumzup Currently Holds 19.106 BTC with a Market Value of Approximately $1.8 Million as of May 5, 2025The Company's Board of Directors Previously Authorized Thumzup to Hold Up to 90% of its Liquid Assets in Bitcoin Under its BTC Reserve StrategyLOS ANGELES, May 6, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), an emerging leader in social media branding and prog ...