$50 Million Raise at $10/Share Positions Thumzup for Aggressive Crypto Portfolio Growth and Mining Buildout
The Company is Authorized to Allocate Up to 90% of Liquid Assets to Cryptocurrencies, Strengthens Strategic Flexibility
Thumzup Established Bitcoin-Backed Credit Facility with Coinbase Prime to Enhance Non-Dilutive Capital Access
LOS ANGELES, Aug. 13, 2025 /PRNewswire/ — Thumzup Media Corporation (NASDAQ:TZUP) (“Thumzup” or the “Company”), a digital asset accumulator and advertising industry disruptor, today announced the expansion of its strategic relationship with Coinbase (NASDAQ:COIN) as part of its accelerated cryptocurrency accumulation and mining strategy. Under the agreement, Coinbase Prime, an integrated platform that unifies trading, financing, and custody with integrated risk management, capital efficiency, and seamless execution, will continue to serve as Thumzup’s custodian and prime broker, providing institutional-grade trading and financing solutions, all backed by NYDFS-qualified custody.
Recently, Thumzup successfully closed a $50 million offering at $10 per share, with proceeds earmarked to diversify the Company’s cryptocurrency holdings and acquire state-of-the-art mining rigs, while preserving a simple and …