Thumzup Recently Filed a Shelf Registration Statement to Raise Up to $500 Million for Working Capital and to Accelerate its Bitcoin ("BTC") Acquisition Strategy
TZUP Currently Holds 19.106 BTC with a Market Value of Approximately $2.0 Million as of May 12, 2025
The Company's Board of Directors Previously Authorized Thumzup to Hold Up to 90% of its Liquid Assets in Bitcoin Under its BTC Reserve Strategy
LOS ANGELES, May 13, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP) today announced it has expanded its capital strategy by establishing a Bitcoin ("BTC") backed credit facility with Coinbase Prime ("Coinbase Prime") (Nasdaq: COIN) to provide access to non-dilutive capital.
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