1D
...
Thumzup Media Corporation has approved holding up to $250 million in cryptocurrency assets including Bitcoin Ethereum Solana XRP Dogecoin Litecoin and USDC. The Los Angeles-based AdTech company with Donald Trump Jr. as a major investor is expanding its treasury to gain broader exposure to digital assets. CEO Robert Steele said the move aligns with shifting US policies that are becoming more favorable toward crypto innovation and regulation.
Thumzup aims to stay ahead of the curve by backing a range of top cryptocurrencies which Steele believes will create long-term value for shareholders. The firm which lets users earn cash for promoting branded content on social media is also working to enhance its crypto strategy as the market gains mainstream acceptance. Trump Jr. who holds 350000 shares worth roughly $4 million serves as an advisor to Dominari Holdings alongside his brother Eric.
Despite reporting a Q1 net loss of $2.2 million compared to $330712 last year Thumzup stock closed at $12.59 on Thursday down 2.93% for the day but up 16.9% in five days and 267% year-to-date according to Yahoo Finance.
