Thumzup Media Corporation(US:TZUP) Prnewswire·2025-12-15 21:32Core Viewpoint - Thumzup Media Corporation has successfully completed the acquisition of Dogehash Technologies, marking a significant step in its transformation into a digital infrastructure company focused on blockchain mining and digital asset management [1][3][4]. Acquisition Details - The acquisition was approved by Thumzup's shareholders on December 8, 2025, and received all necessary approvals from Nasdaq, allowing the transaction to close [2]. - The combined entity will operate under the name "Datacentrex, Inc." with its common stock expected to trade on Nasdaq under the ticker symbol DTCX starting December 16, 2025 [2]. Strategic Positioning - The merger combines Dogehash's mining assets and infrastructure expertise with Thumzup's public company platform, positioning Datacentrex to pursue scalable, cash-flow-generating opportunities in digital asset infrastructure and next-generation computing [4]. - Dogehash operates approximately 3,100 Scrypt ASIC miners across four data centers in North America, with plans to expand the fleet to over 4,100 miners by deploying an additional 1,000 ASIC miners in the first half of 2026 [5]. Growth Expectations - The company anticipates continued growth in digital asset production through 2026, driven by energy-efficient hardware, low-cost power sourcing, and a scalable infrastructure [6]. - Datacentrex aims to maintain a diversified digital asset treasury, including Dogecoin, Litecoin, and Bitcoin, to generate yield from its mining operations [10]. Leadership and Governance - The leadership team of Datacentrex includes Parker Scott as CEO and Robert Steele as CFO, with a reconstituted Board of Directors featuring independent directors with extensive experience in digital infrastructure and public company governance [7][9][10]. - Newly appointed independent directors include Christopher R. Moe and Dr. Allan Evans, who bring significant leadership experience from Nasdaq- and NYSE-listed companies [8][10].