#United States #Los Angeles #Dogecoin #Thumzup #ETF Launch

Thumzup® Expands Its Cryptocurrency Holdings with Initial DOGE Purchase

Thumzup Media Corporation, listed on Nasdaq under TZUP, recently took a significant stride into the cryptocurrency market. On September 18, 2025, the company announced its first acquisition of Dogecoin (DOGE) in the open market, purchasing about 7.5 million tokens valued at approximately $2 million, at a weighted price of $0.2665 each. This move is strategically timed with the anticipated launch of Dogecoin exchange-traded funds (ETFs), a development expected to broaden institutional access and acknowledgment of DOGE as a serious digital asset.

Robert Steele, the CEO of Thumzup, remarked on this acquisition, stating, "Dogecoin's growing prominence, supported by the forthcoming DOGE ETFs, represents a transformational period for the digital asset landscape. Our recent accumulation of Dogecoin, alongside our initiatives in mining and treasury strategy, underscores our dedication to the evolution of Dogecoin, both as a community currency and a viable digital asset."

The company's commitment extends further with its proposed acquisition of DogeHash, a high-tech Dogecoin mining operation that currently operates 2,500 advanced mining rigs, with plans for an additional 1,000 rigs to be installed soon. This follows their successful $50 million stock initiative in August 2025, which was priced at $10 per share and earmarked for the further acquisition of cryptocurrencies and advanced DOGE mining equipment.

Moreover, Thumzup is strengthening its leadership landscape by adding notable figures to its Crypto Advisory Board, including Jordan Jefferson, CEO of DogeOS, and Alex Hoffman, Head of Ecosystem at DogeOS. Their expertise in the blockchain ecosystem is deemed pivotal for navigating the fast-changing cryptocurrency arena.

About Thumzup®

Thumzup Media Corporation is committed to spearheading the next wave of digital marketing and financial innovation. The Board of Directors has sanctioned a strategic pivot to broaden its treasury approach to encompass prime cryptocurrencies, including Bitcoin, Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, solidifying the company's commitment to financial responsiveness and innovation.

The future seems promising for Thumzup as it aims to position itself as a key player in the cryptocurrency mining sphere. The optimism in their stated plans includes generating a potential run rate of $30 million with their current equipment and funding, as well as seeking further miners to expand operations.

Nevertheless, prospective investors should remain aware of the risks associated with forward-looking statements regarding the company's strategies and market positions, as these are subject to a variety of factors that could yield differing results from the projected expectations, emphasizing the volatile nature of the cryptocurrency market.

Conclusion

As Thumzup sets its sights on reinforcing its cryptocurrency portfolio and leveraging Dogecoin's imminent mainstream acceptance due to the anticipated ETF launch, this acquisition marks a significant phase in its corporate journey. Stakeholders and interested parties are encouraged to stay informed about the developments related to this acquisition and the overall strategic direction of Thumzup as they make headway in today's fast-evolving digital asset landscape.