Thumzup Media Corporation Board Approves the Accumulation of Additional Leading Cryptocurrencies
- 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, 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.
"Expanding our exploration into other leading cryptocurrencies aligns with our commitment to innovation and prudent treasury management," said Robert Steele, CEO of Thumzup. "We believe that a diversified approach to digital assets could enhance our financial flexibility as we continue to scale our AdTech platform and grow our advertiser base."
About Thumzup®
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 App users/creators through PayPal and other digital payment systems.
The Thumzup app is available for download on the App Store and Google Play.
Thumzup was featured on CBS Los Angeles and in KTLA.
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SOURCE Thumzup Media Corporation