Thumzup provides DogeHash Technologies $2.5M loan

Thumzup (TZUP) Media announced that it has provided DogeHash Technologies with a $2.5M loan. The funds are expected to expand DogeHash’s Dogecoin mining capacity and accelerate deployment of its next-generation ASIC miners. The financing, which comes ahead of Thumzup’s pending acquisition of DogeHash, is anticipated to support the acceleration of the growth of the fleet of miners with more than 500 new ASIC miners, which could bring the total rigs in operation to more than 4,000 later this year. Company executives said the move underscores Thumzup’s broader strategic push into the cryptocurrency ecosystem and strengthens its position as a fast-scaling Dogecoin mining venture.