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Thumzup Media Corporation Board Approves the Accumulation of Additional Leading Cryptocurrencies
Prnewswire· 2025-07-09 14:26
Company expands digital asset strategy beyond Bitcoin, including Dogecoin (DOGE), Litecoin (LITE), Solana (SOL), Ripple (XRP), Ether (ETH), USD Coin (USDC) LOS ANGELES, July 9, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), an emerging leader in crypto asset strategies and a social media branding and programmatic marketing solutions, today announced that its Board of Directors has authorized management to begin to accumulate additional cryptocurrencies, specific ...
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 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 Expands Capital Strategy With Bitcoin-Backed Credit Facility from Coinbase Prime
Prnewswire· 2025-05-13 14:15
Thumzup Recently Filed a Shelf Registration Statement to Raise Up to $500 Million for Working Capital and to Accelerate its Bitcoin ("BTC") Acquisition StrategyTZUP Currently Holds 19.106 BTC with a Market Value of Approximately $2.0 Million as of May 12, 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 13, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZU ...
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 ...
Thumzup Media Corporation Files $200 Million Shelf Registration for Working Capital and to Further Its Bitcoin Treasury Strategy
Prnewswire· 2025-05-05 13:25
Core Viewpoint - Thumzup Media Corporation has filed a universal shelf registration statement with the SEC, allowing it to raise up to $200 million for working capital and Bitcoin acquisitions, while also authorizing the allocation of up to 90% of its liquid assets to Bitcoin under its BTC Reserve Strategy [1][2][3]. Group 1: Company Strategy - The company currently holds 19.106 BTC, valued at approximately $1.8 million as of May 4, 2025 [1]. - The Board of Directors has approved a strategy to acquire Bitcoin, permitting the allocation of up to 90% of liquid assets to BTC [3]. - The registration statement allows for capital raises through various securities over three years after it becomes effective [3][4]. Group 2: Capital Raising Mechanism - The registration statement on Form S-3 is not yet effective, meaning no securities can be sold or offers accepted until it is [5]. - Future offerings will be detailed in a prospectus supplement filed with the SEC, providing flexibility for capital raising [4][5]. Group 3: Company Overview - Thumzup Media Corporation operates in the social media branding and marketing industry, offering a platform that allows users to earn cash for promoting advertisers on social media [6]. - The platform features a programmatic advertiser dashboard and a consumer-facing app, facilitating cash payments through digital payment systems [6].
Thumzup Media Corporation Surpasses 900 Advertisers, Achieving a New Growth Milestone on Its Proprietary AdTech Platform
Prnewswire· 2025-05-02 12:37
Company Aims to Exceed 1,000 Advertisers by Mid-Q2 and 5,000 Advertisers by the End of 2025 Thumzup's Plans Further Accelerate Growth and Market Penetration of its Innovative AdTech Platform LOS ANGELES, May 2, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), an emerging leader in social media branding and programmatic marketing solutions, is excited to announce it has surpassed 900 advertisers, a CAGR (Compound Annual Growth Rate) of 220%, marking a significant ...
Thumzup Media Corporation Continues Growth Trajectory, Surpasses 800 Advertisers with a CAGR of 243%
Prnewswire· 2025-04-01 14:30
Thumzup Media Corporation (Thumzup) is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to A ...