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Dogecoin, Bitcoin Treasury Firm Thumzup Weighs Paying DOGE Rewards
Yahoo Finance· 2025-10-15 20:55
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]
Thumzup Media Corporation Explores Dogecoin Integration to Bring Rewards to Millions of Dogecoin Users
Prnewswire· 2025-10-15 12:01
Dogecoin Accessibility StatementSkip Navigation LOS ANGELES, Oct. 15, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, today announced that it is actively exploring and developing the integration of Dogecoin (DOGE) as an alternate payout mechanism for users of its Thumzup app. The Company believes this initiative could strengthen its rewards infrastructure, reduce payment friction, and support the ex ...
Crypto Titans Stealing the Show: How Big Players Are Shaping the Stock Surge
Investorideas.com· 2025-10-14 13:30
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]
Thumzup Appoints Veteran Blockchain and Infrastructure Executive Chris Ensey to Board of Directors
Prnewswire· 2025-10-13 12:18
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].
Thumzup Appoints Veteran Blockchain and Infrastructure Executive Chris Ensey to Board of Directors - Thumzup Media (NASDAQ:TZUP)
Benzinga· 2025-10-13 12:18
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][8] - Ensey brings over two decades of experience in technology, cybersecurity, and data center development, positioning him to guide Thumzup's growth [2][3] - The appointment reflects Thumzup's commitment to enhancing its Board with expertise in finance, technology, and digital assets, crucial for executing its post-merger strategy [5][6] Company Overview - Thumzup Media Corporation is focused on digital marketing and financial innovation, with plans to expand its treasury strategy beyond Bitcoin to include other leading cryptocurrencies [6] - The company is evolving into a diversified digital innovation enterprise, aiming for market leadership and sustained value creation [5][6] Leadership Background - Chris Ensey has held significant roles in both public and private sectors, including as CEO of Aligned and COO of Riot Blockchain, where he led strategic expansion during a dynamic phase of the crypto market [2][3][4] - His experience includes contributions to major companies in the blockchain and cybersecurity sectors, enhancing industry standards [3][4] Strategic Direction - Ensey's expertise in technology and risk mitigation aligns with Thumzup's vision as it advances towards the DogeHash merger [4][5] - The company aims to unite technology, creativity, and financial innovation under Ensey's guidance, enhancing its capabilities in the digital asset ecosystem [5][6]
X @BSCN
BSCN· 2025-10-01 12:40
Investment & Expansion - Thumzup Media loaned $25 million to DogeHash Technologies to expand Dogecoin mining operations [1] - DogeHash will use the funds to add 500 next-generation ASIC rigs, increasing its mining fleet to 4,000 by year's end [1] - Thumzup holds 191 BTC and 75 million DOGE, valued at approximately $4 million, with plans to scale holdings up to $250 million [2] - Thumzup launched a $10 million stock buyback plan and intends to diversify into ETH, XRP, SOL, and other assets [3] Market Reaction - Thumzup stock (TZUP) rose 38% to close at $519 following the announcement [3] - The stock has gained 457% year-to-date since its Nasdaq debut last October [3] Strategic Moves - Thumzup plans to acquire DogeHash as part of its broader crypto strategy [1] - The CEO of DogeHash sees the cash infusion as a way to speed up the deployment of advanced hardware during a pivotal period for Dogecoin [2]
Thumzup® Extends Window for Share Repurchases Under $10 Million Buyback Authorization Until October 31, 2025
Prnewswire· 2025-10-01 12:15
Accessibility StatementSkip Navigation Board of Directors has extended the current window for share repurchases from September 30, 2025 to October 31, 2025 LOS ANGELES, Oct. 1, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, today announced that its Board of Directors has extended the window under which the broker-dealer executing the stock buyback may repurchase shares under the Company's newly aut ...
X @BSCN
BSCN· 2025-10-01 04:32
Investment & Expansion - Thumzup Media loaned $2.5 million to DogeHash Technologies to expand Dogecoin mining operations [1] - DogeHash will use the funds to add 500 next-generation ASIC rigs, increasing its mining fleet to 4,000 by year's end [1] - Thumzup holds 19.1 BTC and 7.5 million DOGE, valued at approximately $4 million, with plans to scale holdings up to $250 million [2] Acquisition & Strategy - The loan precedes Thumzup's planned acquisition of DogeHash, as part of its broader crypto strategy [1] - Thumzup aims to build "a premier Doge mining company" [1] - Thumzup plans to diversify into ETH, XRP, SOL, and other assets [2] Market Performance - Thumzup stock (TZUP) rose 3.8% to $5.19 following the announcement [2] - The stock has gained 45.7% year-to-date since its Nasdaq debut last October [2] - Thumzup launched a $10 million stock buyback plan [2]
X @Wu Blockchain
Wu Blockchain· 2025-10-01 01:45
Investment & Expansion - Thumzup Media Corporation (TZUP), affiliated with the Trump family, invested $2.5 million in DogeHash Technologies [1] - The investment aims to expand Dogecoin mining operations [1] - DogeHash Technologies will deploy next-generation ASIC miners [1] - The deployment includes adding over 500 units, increasing the total to over 4,000 units this year [1]
Dogecoin Miner DogeHash Secures Loan to Expand Fleet Ahead of Acquisition
Yahoo Finance· 2025-09-30 19:37
Publicly traded crypto treasury firm Thumzup Media is providing Dogecoin miner DogeHash Technologies with a $2.5 million loan so it can accelerate deployment of new miners and expand its Dogecoin mining capacity, the firm announced on Tuesday.  The firms are currently undergoing an acquisition process that will lead to Trump-backed ThumzUp acquiring DogeHash in an all-stock deal and renaming it Degohash Technologies Holdings.   “We are enthusiastic about all the recent developments in the Dogecoin ecosystem ...