Nasdaq-listed Thumzup Media Corporation has just made a bold move in the digital assets space. The company’s Board of Directors approved a major step forward by allowing the organisation to invest up to $250 million in a range of digital currencies as reported by Wu Blockchain.
Source: Wu Blockchain
This new plan, called the Thumzup Media Crypto strategy, will consist treasury of Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Dogecoin (DOGE), the stablecoin USDC, and Litecoin (LTC).
The CEO Robert Steele said this decision showcases their confidence in the evolving role of digital currencies in the global financial landscape. "As the U.S. becomes more open to cryptocurrencies, we want to be ready," Steele shared. “This broader digital assets strategy assists us grow with the market and increase value for our shareholders.”
The timing of organisation's announcement is not a random co-incidence. With more signs pointing to clearer U.S. digital currency rules like the ongoing Crypto Week and rising political interest, the company wants to stay ahead.
The Thumzup Media Crypto push is part of a bigger plan to make cryptocurrency a core part of the company’s treasury.
This move comes just months after Donald Trump Jr., son of U.S. President Donald Trump made a surprising investment in Thumzup.
He bought 350,000 shares in a $6 million private deal.
At the time, the company had only $151 in revenue but was already holding over $2 million in Bitcoin.
Trump Jr.’s investment turned heads in both political and financial circles.
Many in the community consider this as more than a financial bet, it’s part of a wider strategy by the Trump family to tie themselves to digital assets before the 2025 election season.
The Trump family’s influence is becoming hard to ignore. Trump Jr.’s investment now sits at over $4 million in value, based on Thumzup’s $12.59 share price.
His involvement adds a political edge to the Thumzup Media Crypto plan. It also supports his father’s campaign promise to make America the "cryptocurrency capital of the world."
It is not just another investment story. The company runs a social app that rewards users for recommending products on Instagram.
Behind the scenes, it is quietly building a serious cryptocurrency portfolio. By expanding beyond Bitcoin to include six more coins and stablecoins, the Thumzup Media Crypto plan becomes a unique mix of social media and digital finance.
Through Thumzup Media crypto plan this $250 million investment, the organisation is no longer some behind-the-scenes social platform firm. It is now part of the broader discussion regarding corporate adoption of digital currencies.
By spreading its bets across leading coins and stable assets, the firm demonstrates a long-term conviction in the future of blockchain and digital value.
Involvement of such organisations backed by political influence, results in increasing the investor’s confidence. Bitcoin has seen an increase of 1.56% ($120,137) and Ethereum has seen a rise of about 7% ($3594) in a day, while XRP ($3.59) surged by 17% as per the CoinMarketCap.
Source: CoinMarketCap
Watchers include investors and analysts. Thumzup Media Crypto will likely serve as a model if it takes off for other tech companies who want to enter the market. And with the Trumps behind the push, it's going to remain in the headlines.
Thumzup Media crypto buzz is more than a headline. With backing from Trump Jr., a robust portfolio strategy, and increasing interest from the market, the plan marks a fundamental change in the way businesses employ cryptocurrency as a financial instrument. As politics, business, and blockchain continue to blend, this tale is just beginning.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.
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