"We are pleased to have completed this transaction with the full support of our shareholders and Nasdaq," said Robert Steele, Chief Executive Officer of Thumzup. "With the acquisition closed and Datacentrex now established, our focus is squarely on execution, operational scaling, and disciplined capital allocation." Dogehash currently operates approximately 3,100 Scrypt ASIC miners across four diversified data centers in North America. An additional 1,000 ASIC miners are on order and expected to be deployed ...

LOS ANGELES, Dec. 4, 2025 /PRNewswire/ -- In one of the more notable pivots among emerging technology companies this year, Thumzup Media Corporation (Nasdaq: TZUP), is rapidly reshaping itself into a diversified operator anchored in digital-asset infrastructure, data-center capacity, and next-generation computation, far beyond its origins as a social advertising startup. The company's transformation is underpinned by a sharp improvement in its financial footing. Thumzup raised $50 million in an August 2025 ...

LOS ANGELES, Dec. 4, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), today announced that it intends to change its corporate name to Datacentrex, Inc. following the planned close of its acquisition of Dogehash. The Company has also reserved the ticker symbol "DTCX" with Nasdaq in connection with the anticipated name and symbol change. For more information, please visit www.thumzupmedia.com or www.thumzup.ai. Forward-Looking Statements Disclaimer This release conta ...

LOS ANGELES, Dec. 4, 2025 /PRNewswire/ -- In a move that underscores the rapid evolution of emerging- tech companies, a social media platform innovator is repositioning beyond its AdTech origins into a diversified, infrastructure-driven enterprise spanning digital assets, data centers, quantum-class technologies, real-world- asset (RWA) tokenization, and artificial intelligence. The shift marks a substantial broadening of the company's ambitions. Thumzup Media Corporation (Nasdaq: TZUP), known initially for ...

2025 SHAREHOLDER LETTER November 20, 2025 Dear Shareholder, Thumzup stands at a transformative point in its evolution. Over the past quarter, we have significantly strengthened our financial position, closing the quarter ended September 30, 2025, with approximately $52 million in assets including cash and cash equivalents, representing an increase of more than 1800% over the cash position as of the end of the prior quarter. This was accomplished with only approximately 35% dilution to shareholders. This inf ...

Revenue Performance - Revenues for the three months ended September 30, 2025, increased to $385 from $150 in 2024, representing a growth of 156.67%[152] - For the nine months ended September 30, 2025, revenues decreased to $551 from $585 in 2024, a decline of 5.81%[157] Operating Expenses - Operating expenses surged to $10,595,334 in Q3 2025 from $442,847 in Q3 2024, marking an increase of 2,292.55%[154] - Operating expenses for the nine months ended September 30, 2025, rose to $13,990,290 from $1,300,292 in 2024, an increase of 975.93%[159] Net Loss - Net loss attributable to common stockholders for Q3 2025 was $10,452,579, compared to $464,837 in Q3 2024, an increase of 2,148.55%[156] - Net loss attributable to common stockholders for the nine months ended September 30, 2025, was $13,800,895, compared to $1,346,269 in 2024, an increase of 925.12%[162] Cash Position - As of September 30, 2025, the company had cash of $44,080,451, significantly up from $4,680,840 as of December 31, 2024[162] - Net cash used in operating activities for the nine months ended September 30, 2025, was $4,959,872, compared to $1,053,175 in 2024[164] - The company invested $6,761,950 in net cash used in investing activities for the nine months ended September 30, 2025, compared to $177,017 in 2024[165] Financing Activities - The Company raised $805,000 in a Series B Preferred offering, with each share costing $50 and convertible into 10 shares of common stock[174] - The Series B Preferred pays a quarterly dividend of 10%, amounting to $1.25 per share[178] - Upon up-listing to Nasdaq, the conversion price for Series B Preferred was set at $4.00 per share, eliminating downside price protections[176] - The Series C Preferred Stock was designated with 200,000 shares at a stated value of $60.00 each, convertible into 10 shares of common stock[182] - The Company sold 108,333 shares of Series C Preferred Stock for gross proceeds of approximately $6.5 million, netting about $6.04 million after fees[186] - The August 2025 Offering raised approximately $50 million from the sale of 5,000,000 shares of common stock[189] - The Company incurred a 7% cash fee and a 1% fee for non-accountable expenses related to the August 2025 Offering[190] Risks and Uncertainties - The Company is subject to risks from geopolitical conflicts and market volatility, which could adversely impact operations[196] - The Company has no assurance of obtaining additional financing if future operational funds are insufficient[193] Accumulated Deficit - The accumulated deficit increased to $(23,492,603) as of September 30, 2025, from $(9,691,708) as of December 31, 2024[163] Loan Agreements - The Company entered into a Master Loan Agreement with Coinbase for loans of digital assets or cash, with terms to be mutually agreed upon[191]

Core Insights - Thumzup Media is exploring the integration of Dogecoin (DOGE) reward payments into its app to enhance user experience and reduce transaction fees [1][2] - The CEO of Thumzup highlighted that successful integration of DOGE could improve unit economics and attract a wider crypto-friendly creator base [2] - The company has previously connected with Dogecoin by considering expansions of its Bitcoin treasury into alternative digital assets [3] Company Developments - Thumzup raised $50 million to expand its digital asset treasury and agreed to acquire Dogecoin mining firm Dogehash in an all-stock deal [3] - A $2.5 million loan was provided to Dogehash to enhance its Dogecoin mining suite ahead of the acquisition [4] - Thumzup's stock (TZUP) experienced a decline of over 5%, closing at $5.00, despite a year-to-date gain of approximately 46% and a recent announcement of a $10 million stock buyback program [4] Market Context - Dogecoin (DOGE) is currently trading at $0.197, having decreased by around 3% in the last 24 hours and 24% over the past week, marking it as the largest loser among the top 10 assets [5] - The current price of DOGE is 73% lower than its all-time high of $0.73 reached in 2021 [5]

Core Viewpoint - Thumzup Media Corporation is exploring the integration of Dogecoin (DOGE) as an alternative payout mechanism within its Thumzup app, aiming to enhance its rewards infrastructure and expand its creator monetization model across various regions [1][2][3]. Group 1: Integration of Dogecoin - The introduction of Dogecoin as a rewards option is expected to bypass traditional banking systems, reduce transaction costs, and facilitate near-instant settlement of micro-payments globally [2][3]. - The company views DOGE as a complementary addition to its existing cash reward system rather than a complete replacement [2][3]. - The integration aligns with Thumzup's mission to democratize social media monetization, leveraging Dogecoin's speed, low fees, and community appeal [7]. Group 2: Potential Benefits - Internal assessments indicate that integrating Dogecoin could preserve more reward value for creators by minimizing intermediary costs [3]. - Faster settlement times may enhance user satisfaction and participation, potentially attracting a broader, crypto-friendly creator base [3]. - Dogecoin's design is well-suited for frequent, low-value transfers, making it a fitting choice for Thumzup's pay-per-post model [3]. Group 3: Strategic Initiatives - This initiative builds on Thumzup's existing digital asset and treasury strategies, which include Bitcoin holdings and exposure to other prominent cryptocurrencies [4][5]. - The company has not set a firm timeline for the deployment of DOGE, as any rollout will depend on successful technical validation, regulatory guidance, and pilot testing [4]. - Thumzup's Board of Directors has authorized a strategic expansion of its treasury strategy to include leading cryptocurrencies, reinforcing its commitment to financial agility and innovation [5].

Core Insights - The cryptocurrency sector is gaining mainstream legitimacy, with significant players like Thumzup Media Corporation (Nasdaq: TZUP) and American Bitcoin Mining Corp. (Nasdaq: ABTC) emerging as key contributors to this evolution [4][13] - BlackRock's iShares Bitcoin Trust (Nasdaq: IBIT) has become the most profitable ETF ever, with nearly $100 billion in assets and $245 million in fees, highlighting the institutional embrace of Bitcoin [4][14] Company Developments - Thumzup Media Corporation is pivoting towards digital innovation, recently appointing Chris Ensey, a crypto veteran, to its Board of Directors ahead of its merger with Dogehash Technologies [4][8] - The company has acquired approximately 7.5 million Dogecoin tokens valued at around $2 million, aligning with the anticipated launch of DOGE ETFs [14][15] - Ensey's extensive experience in technology and risk mitigation is expected to guide Thumzup's growth and innovation strategy post-merger [9][11] Industry Trends - The landscape of prominent figures in the cryptocurrency sector is shifting, with new entrants like the Trump family making significant moves through American Bitcoin Mining Corp. [5][7] - The approval of Bitcoin ETFs, particularly BlackRock's, marks a significant milestone in the sector's path to legitimacy, attracting institutional investors [14] - The increasing recognition of Dogecoin, supported by the expected launch of DOGE ETFs, is seen as a transformative moment for the digital asset landscape [15]

Core Insights - Thumzup Media Corporation has appointed Chris Ensey to its Board of Directors, effective October 14, 2025, as the company prepares for its merger with Dogehash Technologies, Inc. [1][4][8] - Ensey brings over two decades of experience in technology, cybersecurity, and data center development, which positions him well to guide Thumzup's growth [2][3][5]. Company Developments - The appointment of Ensey is seen as pivotal for Thumzup as it transitions into a diversified digital innovation enterprise [1][4]. - Thumzup is expanding its treasury strategy beyond Bitcoin to include other leading cryptocurrencies such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reflecting its commitment to financial agility and innovation [6]. Leadership and Expertise - Ensey has a strong background in blockchain operations and risk management, having previously served as CEO and COO of Riot Blockchain, where he led strategic expansion during a dynamic phase of the crypto market [3][8]. - His experience includes significant roles in cybersecurity and infrastructure programs at major firms like IBM and SafeNet, which will enhance Thumzup's capabilities in executing its post-merger strategy [3][5]. Strategic Vision - Thumzup's CEO, Robert Steele, emphasized that Ensey's expertise aligns with the company's vision as it advances towards the DogeHash merger and aims to expand its presence in the digital asset ecosystem [4][5]. - Ensey expressed enthusiasm about shaping the future of digital marketing and crypto assets, indicating a focus on uniting technology, creativity, and financial innovation [5].