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🚨 Thumzup Media is seeking to raise $500 million
Thumzup Media Corporation (NASDAQ: TZUP), a startup in programmatic marketing and social media branding solutions, has filed an amendment to its universal registration on Form S-3 with the SEC increasing its issuance limit from $200 million to $500 million.
This expansion will allow Thumzup to raise up to $500 million over the next three years by issuing various financial instruments, including common stock, preferred stock, warrants, debt securities, and units.
As of May 5, 2025, Thumzup holds 19,106 BTC, valued at approximately $1.8 million. The company's board of directors has previously authorized the allocation of up to 90% of its liquid assets in Bitcoin as part of its reserve strategy.
Thumzup considers Bitcoin as a reliable store of value and an attractive investment,
Those who have been following us since early 2018 know that we have been affirming with conviction for years:
Bitcoin is a store of value.