Company Expects to Gain Rank in The HODL Top 70, a Ranking of Publicly Traded Companies Owning the Most Bitcoin
Social media branding and marketing solutions company Thumzup Media Corporation (Nasdaq: TZUP) announced on Monday that it has further increased its Bitcoin (BTC) holdings, which now stand at 19.106 BTC.
The company’s decision to enhance its exposure to Bitcoin demonstrates its commitment to diversifying treasury assets and capitalizing on the potential of digital assets, a strategy that was first outlined on November 15, 2024.
By securing a substantial portion of its liquid assets in Bitcoin, Thumzup aims to bolster its financial stability and propel shareholder value over the long term.
"We view Bitcoin not only as a strategic asset for treasury management but also as a fundamental component of our vision for the future of digital finance," said Robert Steele, Chief Executive Officer of Thumzup Media Corporation.
“This investment reflects our confidence in Bitcoin’s role as a store of value and its potential to drive innovation in global financial markets.”
The Thumzup app is available for download on the App Store and Google Play.
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