Thumzup raises $6.5M to boost operations and expand Bitcoin holdings

Social media marketing firm Thumzup Media Corporation has entered into a $6.5 million registered direct offering to support its operations and pursue additional cryptocurrency acquisitions, according to Investing.com. The offering includes both common stock and non-voting Series C shares, with Dominari Securities LLC serving as the sole placement agent. The company’s board has approved a strategy to allocate up to 90% of its liquid assets to Bitcoin, with current holdings valued at approximately $1.8 million.