"On September 4, 2025, Thumzup Media Corporation announced its strategic transformation into a cryptocurrency mining leader, highlighted by a pending acquisition of DogeHash Technologies to establish a major Dogecoin mining operation. The company has successfully raised $50 million through a stock offering to expand its mining infrastructure and digital asset holdings, positioning itself to become a significant player in the North American Dogecoin mining market. This move is expected to diversify revenue streams and potentially surpass the company's original digital advertising platform in value creation."
"An update from Thumzup Media Corporation ( (TZUP) ) is now available. More about Thumzup Media CorporationThumzup Media Corporation operates in the cryptocurrency and social media marketing industries. The company initially focused on a platform empowering content creators to earn from advertisers on social media platforms like Instagram and TikTok. Recently, it has expanded into cryptocurrency mining, particularly Dogecoin, and has invested in digital assets like Bitcoin."
On September 4, 2025, Thumzup Media Corporation began a strategic transformation into cryptocurrency mining with a pending acquisition of DogeHash Technologies to build a large Dogecoin mining operation. The company raised $50 million via a stock offering to expand mining infrastructure and increase digital asset holdings, positioning itself as a significant North American Dogecoin miner. The shift aims to diversify revenue streams and could exceed the value of the original digital advertising platform. Thumzup operates in cryptocurrency and social media marketing, initially enabling creators to earn from advertisers on Instagram and TikTok, and has also invested in Bitcoin. Average trading volume is 631,975, technical sentiment is Sell, and current market cap is $88.37M.
Read at TipRanks Financial
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