Thumzup Media Company (“Thumzup” or the “Firm”) (Nasdaq: TZUP), an rising chief in social media branding and programmatic advertising and marketing options, introduced at this time that it has bought 9,783 Bitcoins (“BTC”) for roughly $1 million at a mean value. at $102,220 per BTC.
Administration is looking for authorization from its board to carry as much as 90% of its liquid belongings in BTC for additional, ongoing purchases of Bitcoin as a part of its money asset technique introduced on November 15, 2024.
Coinbase (Nasdaq: COIN) Prime Platform serves as a custodian and supplies in-house custody companies for Thumzup's BTC.
Thumzup expects to start paying gig-economy staff in BTC within the coming weeks in accordance with all relevant legal guidelines and rules.
(1) https://bravenewcoin.com/insights/bitcoin-hoarders-of-2024-the-hodl-top-70-and-their-crypto-treasuries
