TZUP Currently Holds 19.106 BTC with a Market Value of Approximately $2.0 Million as of May 12, 2025
Thumzup Media Corporation (NASDAQ:TZUP) announced that it has expanded its capital strategy with a Bitcoin-collateralized lending facility from Coinbase Prime (Nasdaq: COIN) to provide access to non-dilutive capital.
“We believe that Coinbase's addition to the S&P 500 is a significant milestone for the entire crypto industry - Coinbase's trailblazing journey brought BTC and other tokens into the mainstream,” said Robert Steele, CEO of Thumzup. “We are proud to expand our relationship with Coinbase through their Bitcoin-collateralized lending program as part of our broader strategic approach to capital management. With a clean cap structure, we believe Thumzup is optimally positioned to accelerate its BTC Acquisition Strategy and create significant shareholder value.”
This important development comes as Thumzup is moving to accelerate its Bitcoin acquisition strategy, which, as previously disclosed, permits the Company to hold up to 90% of its liquid assets in BTC. As of May 12, 2025, Thumzup currently holds 19.106 BTC, with a market value of approximately $2.0 million. Thumzup currently utilizes Coinbase Prime as its custodian and prime broker.
About Thumzup®
Thumzup Media Corporation (Thumzup) is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.
The Thumzup app is available for download on the App Store and Google Play.
Thumzup was featured on CBS Los Angeles and in KTLA.
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