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2025-07-09 22:28
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, specifically Dogecoin (DOGE), Litecoin (LITE), Solana (SOL), Ripple (XRP), Ether (ETH), USD Coin (USDC).
This initiative builds upon Thumzup's previously disclosed Bitcoin ("BTC") acquisition strategy, which permits the Company to hold up to 90% of its liquid assets in BTC. As of July 8, 2025, Thumzup currently holds 19.106 BTC, with a market value of approximately $2.1 million. The Board's latest resolution gives management the authority to evaluate the potential benefits and requirements of diversifying the Company's digital asset portfolio.