Thumzup Aims for $500M Bitcoin Play Amid Expansion Plans

May 20, 2025
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On May 19, 2025 , Thumzup Media submitted an official filing to the U.S. Securities and Exchange Commission. The company plans to secure funds through common stock, preferred stock, warrants, or units , with a key objective: converting part of the capital into Bitcoin. Founded as a social media advertising platform, Thumzup connects brands with everyday users , rewarding people for posting brand-promotional content on their social channels. The company aims to disrupt traditional digital advertising by crowdsourcing brand promotion via its mobile app. By considering Bitcoin as a reserve asset, Thumzup aligns itself with a growing trend among forward-thinking tech firms looking to hedge against inflation and increase financial flexibility.

Original article from coinpaprika


Source: coinpaprika
Published: May 20, 2025

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