Trump's Thumzup Media Launches $50M Offering to Boost Crypto Mining Amid XRP's 481% Surge

August 16, 2025
Trump's Thumzup Media Launches $50M Offering to Boost Crypto Mining Amid XRP's 481% Surge
  • Thumzup Media, a Nasdaq-listed company owned by Donald Trump, announced a $50 million secondary offering at $10 per share to expand its cryptocurrency mining and asset portfolio, aiming to grow its digital asset pool to $250 million and potentially hold up to 90% of liquid assets in crypto, reflecting rising institutional interest in crypto-backed income streams.

  • This capital raise exemplifies a broader trend of significant investments in crypto, with WinnerMining offering diverse options from small to institutional investors seeking to profit from XRP's impressive market momentum, which has surged 481% year-to-date.

  • The surge in XRP's value, outperforming Bitcoin and Ethereum, is driven by clearer regulations following Ripple’s SEC settlement and increased adoption in cross-border payments, making XRP a favored asset among both institutional and retail investors.

  • WinnerMining provides various high-yield contracts, including a Filecoin 4300TiB S tier costing $100,000 that can generate over 280,000 XRP daily, highlighting the lucrative potential of large-scale institutional crypto mining investments.

  • The funds raised are being directed into large-scale cloud mining operations, such as WinnerMining, a UK-based eco-friendly platform offering XRP, BTC, ETH, and USDT mining with features like daily payouts, real-time tracking, and no technical skills required.

Summary based on 1 source


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