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Thumzup Media Corporation (Nasdaq: TZUP) has filed an amendment to its shelf registration on Form S-3 with the Securities and Exchange Commission, increasing the maximum offering amount from $200 million to $500 million. The move signals a significant ramp-up in the company’s dual mission: scaling its social media branding platform and growing its Bitcoin holdings.
As of May 5, 2025, Thumzup holds 19.106 BTC valued at approximately $1.8 million. The company’s board had previously greenlit a bold treasury strategy allowing up to 90% of its liquid assets to be held in Bitcoin. This expanded registration gives Thumzup the flexibility to raise capital through multiple avenues,…
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