Thumzup Buys $1M BTC to Diversify Liquid Property

Thumzup Media Company (“Thumzup” or the “Firm”) (Nasdaq: TZUP), an rising chief in social media branding and programmatic advertising and marketing options, right now introduced that it has bought 9.783 Bitcoin (“BTC”) for about $1 million, at a median value of $102,220 per BTC.

Administration is requesting authorization from its Board of Administrators to carry as much as 90% of its liquid belongings in BTC for added, ongoing Bitcoin purchases as a part of its Treasury Asset Technique introduced on November 15, 2024.

Coinbase’s (Nasdaq: COIN) Prime platform serves as custodian and gives self-custodial pockets providers for Thumzup’s BTC.

Thumzup expects to start paying gig-economy employees in BTC within the coming weeks, in compliance with all relevant legal guidelines and rules.

[1] https://bravenewcoin.com/insights/bitcoin-hoarders-of-2024-the-hodl-top-70-and-their-crypto-treasuries