Thumzup Media Corporation Invests in Bitcoin for Future Growth

Thumzup Media Corporation (Nasdaq: TZUP), recognized as a rising player in the realm of social media branding and programmatic marketing, has made a significant move by acquiring 9.783 Bitcoin (BTC) for nearly $1 million, averaging at $102,220 per BTC.

Strategic Treasury Asset Management

The management team is seeking approval from its Board of Directors to allocate up to 90% of its liquid assets in Bitcoin, allowing for continual BTC purchases as part of their Treasury Asset Strategy, which was first introduced on November 15, 2024.

Bitcoin Custody and Security

To safeguard its Bitcoin holdings, Thumzup has partnered with Coinbase’s (Nasdaq: COIN) Prime platform, which offers custodial and self-custodial wallet services to ensure the security of their digital assets.

Supporting Gig Economy Workers

In an exciting development, Thumzup plans to begin compensating gig-economy workers with Bitcoin in the upcoming weeks, ensuring strict adherence to current legal and regulatory frameworks.