Thumzup Media Media Corporation, which specializes in advertising via social media and digital asset strategies, has announced that it has obtained financing of $ 50 million in order to expand its coded currency.
The company previously maintained the “Bitcoin” currency only in its store, but it now intends to add a group of digital currencies that include: Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogin (Doge), LTC, and the USDC digital currency.
The company plans to keep up to 90% of its liquidity in the form of digital currencies, in a move aimed at enhancing its financial flexibility and expanding its advertising platform. According to the data of July 8, 2025, the company owns about 19.106 units with a bid, at a value of approximately $ 2.1 million.
Thumzup Media Corporation 2
A weak financial performance … and great aspirations
Despite these ambitious plans, Thumzup recorded weak financial results in the first quarter of the year, as revenues amounted to only 151 dollars, compared to net losses of $ 2.2 million, and the company operates a platform that allows users to obtain money for the publication of propaganda content on their accounts on social media.
Nevertheless, the share of the company (TZUP) increased by 15.37% to close at $ 10.96, an increase of $ 1.46 over the previous session, reflecting investors optimism about the strategic shift towards digital currencies.
