Thumzup's board of directors has authorized 90% of its remaining cash to be held in bitcoin.
Thumzup (NASDAQ: TZUP), a US-based social media brand, announced that the Company's Board of Directors has authorized 90% of the Company's remaining cash to be held in Bitcoin. Thumzup announced the adoption of Bitcoin as part of its financial asset strategy on November 15, 2024, purchased $1 million in BTC on January 6, 2025, and plans to continue to accumulate Bitcoin.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
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