Thumzup Media Bolsters Crypto Strategy with $50M Raise, Expands Coinbase Partnership

August 13, 2025
Thumzup Media Bolsters Crypto Strategy with $50M Raise, Expands Coinbase Partnership
  • Thumzup Media Corporation is expanding its strategic relationship with Coinbase to bolster its cryptocurrency accumulation, mining efforts, and treasury investments, following a recent $50 million capital raise.

  • This move signifies a transformative step for Thumzup, aiming to build durable, revenue-generating digital assets and position itself as a leader in digital asset mining and treasury management.

  • The company plans to develop a scalable, energy-efficient mining infrastructure in partnership with leading technology providers, leveraging the U.S. as a global digital asset hub.

  • Thumzup is authorized to allocate up to 90% of its liquid assets to cryptocurrencies, making its investment policy among the most aggressive for publicly traded companies.

  • This dual approach of mining and diversified digital asset investments is designed to enhance financial resilience, generate new revenue streams, and create long-term shareholder value.

  • Beyond Bitcoin, Thumzup’s treasury includes cryptocurrencies like Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reflecting its commitment to financial agility and innovation.

  • Coinbase Prime will continue to serve as Thumzup’s custodian and prime broker, providing institutional-grade trading, custody, and financing services backed by NYDFS-qualified custody.

  • Thumzup established a Bitcoin-backed credit facility with Coinbase Prime in May 2025, offering flexible, non-dilutive capital to support its digital asset treasury strategy.

  • The recent $50 million capital raise at $10 per share will be used to diversify digital assets and acquire advanced mining equipment to support its infrastructure expansion.

  • This expansion aligns with Thumzup’s broader strategy to innovate in digital marketing and finance, capitalizing on the growth of digital assets and blockchain technology.

  • Thumzup’s aggressive allocation policy underscores its commitment to leveraging cryptocurrencies as a core component of its financial strategy.

  • The company’s strategy involves expanding its holdings beyond Bitcoin to include a broad range of established cryptocurrencies, alongside its mining activities.

Summary based on 3 sources


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