NEW: Public Firm Thumzup Media Plans $500M Raise to Acquire More Bitcoin

Thumzup Media Corporation has taken a bold step by increasing its maximum offering amount from $200 million to $500 million through an amended SEC filing. The move signals the company’s growing commitment to both its social media platform and expanding Bitcoin reserves. Thumzup currently holds over 19 BTC worth approximately $1.8 million and plans to allocate up to 90% of its liquid assets into Bitcoin.

The company describes Bitcoin as a scarce and finite asset with the potential to surpass gold as a long-term store of value. Thumzup’s board believes Bitcoin is a reliable hedge against inflation and global instability. While no securities are being sold immediately the expanded registration allows flexibility for future offerings through stock debt or other instruments.

Since listing on Nasdaq in October 2024 Thumzup has embraced Bitcoin at the core of its financial strategy. The company has integrated BTC into its treasury and launched payment options in Bitcoin through its Account Specialist Program highlighting its belief in the future of digital currency.

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