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Thumzup Media Files SEC Documents to Raise Funds for Bitcoin Acquisition
On May 19, 2025, Thumzup Media filed with the U.S. Securities and Exchange Commission to raise funds through common stock, preferred stock, warrants, or units. The company intends to convert part of this capital into Bitcoin.
Thumzup operates as a social media advertising platform that connects brands with users, rewarding individuals for sharing promotional content on their social channels. Its goal is to disrupt traditional digital advertising by crowdsourcing brand promotion via its mobile app.
By considering Bitcoin as a reserve asset, Thumzup joins a trend among tech companies seeking to hedge against inflation and enhance financial flexibility.