Thumzup (NASDAQ: TZUP), an emerging leader in social media branding and marketing solutions, recently doubled its Bitcoin (“BTC”) investment from $1 to $2 million. “This brings its BTC holdings to 19.106 in a move that looks to increase the company’s exposure to Bitcoin while also demonstrating its commitment to diversifying treasury assets and capitalizing on the potential of digital assets,” reads a recent article. “Earlier in the year, Thumzup’s Board of Directors authorized the allocation of up to 90% of the company’s surprise cash to be held in Bitcoin. This aligned with the company’s Treasury Asset Strategy that was announced on Nov. 15, 2024. ‘We see Bitcoin not only as a strategic asset for treasury management but also as a fundamental component of our vision for the future of digital finance,’ noted Robert Steele, Thumzup’s CEO. ‘This investment reflects our confidence in Bitcoin’s role as a store of value and its potential to reshape global financial markets.’”
To view the full article, visit https://ibn.fm/Dc0gL
About Thumzup®
Thumzup Media Corporation 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 App users/creators through PayPal and other digital payment systems.
Thumzup was featured on CBS Los Angeles and in KTLA.
NOTE TO INVESTORS: The latest news and updates relating to TZUP are available in the company’s newsroom at https://ibn.fm/TZUP
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