tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Thumzup Media Acquires 7.5 Million Dogecoin Tokens

Story Highlights
Thumzup Media Acquires 7.5 Million Dogecoin Tokens

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Thumzup Media Corporation ( (TZUP) ) has shared an update.

On September 17, 2025, Thumzup Media Corporation announced its first open-market acquisition of Dogecoin, securing 7.5 million tokens valued at approximately $2 million. The company is enhancing its involvement in the Dogecoin ecosystem by proposing the acquisition of DogeHash, a mining operation with 2,500 rigs and plans for 1,000 more. This move follows a $50 million common stock offering in August 2025 aimed at funding cryptocurrency investments and mining equipment. Additionally, the company is bolstering its leadership with new appointments to its Crypto Advisory Board.

More about Thumzup Media Corporation

Thumzup Media Corporation operates in the cryptocurrency industry, focusing on the acquisition and mining of digital currencies, particularly Dogecoin. The company is expanding its market presence by investing in cryptocurrency assets and mining infrastructure.

Average Trading Volume: 664,121

Technical Sentiment Signal: Sell

Current Market Cap: $90.16M

For an in-depth examination of TZUP stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1