Thumzup to Acquire Dogehash Technologies, Inc., a Leader in DOGE Digital Asset Mining

Core Viewpoint - Thumzup Media Corporation is acquiring Dogehash Technologies, Inc. in an all-stock transaction to create a leading Dogecoin mining platform, leveraging Dogecoin Layer-2 infrastructure to enhance miner economics and yield [1][5][6] Group 1: Acquisition Details - Thumzup will acquire 100% of Dogehash's shares, resulting in the issuance of 30.7 million shares of Thumzup stock to Dogehash shareholders [5] - The new entity will be named "Dogehash Technologies Holdings, Inc." and will trade under the symbol "XDOG" on Nasdaq [5] - The transaction is subject to customary terms and conditions, including shareholder approval expected in Q4 2025 [5] Group 2: Dogehash Operations - Dogehash operates approximately 2,500 Scrypt ASIC miners in North America, with plans to increase production by year-end 2025 and throughout 2026 [2] - The mining operations are based in a renewable-energy data center, aiming for significant Dogecoin and Litecoin block rewards with a low-cost, high-uptime footprint [3] Group 3: Market Position and Strategy - Dogecoin is a widely used cryptocurrency, known for its fast block times and low transaction fees, ranking among the largest by market capitalization [4] - The combined company aims to explore utility-driven use cases for Dogecoin, enhancing its application for everyday payments and rewards [6] - Thumzup's recent $50 million offering will support the expansion of its crypto strategies, including the acquisition of mining rigs and digital assets [5][9]