Thumzup Media Corporation (Nasdaq: TZUP) has filed an amendment to its shelf registration on Form S-3 with the Securities and Exchange Commission

increasing the maximum offering amount from $200 million to $500 million. The move signals a significant ramp-up in the company's dual mission: scaling its social media branding platform and growing its Bitcoin holdings.

Thumzup Media Corporation (Nasdaq: TZUP) has filed an amendment to its shelf registration on Form S-3 with the Securities and Exchange Commission, increasing the maximum offering amount from $200 million to $500 million. The move provides greater flexibility for the company to raise capital through multiple avenues over the next three years.

As of May 5, 2025, the company holds 19.106 BTC valued at approximately $1.8 million. Its board has authorized a treasury strategy permitting up to 90% of liquid assets to be held in Bitcoin.

"We view bitcoin as a reliable store of value and a compelling investment. We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability," stated Thumzup in its filing. Any future offering of securities will be described in a prospectus supplement filed with the SEC; no securities are being sold at this time.

The company’s filing also highlighted its bullish outlook on Bitcoin’s potential, drawing comparisons to gold.

"Given our belief that bitcoin is a comparable and possibly better store of value than gold … bitcoin has the potential to approach or exceed the value of gold over time."

This development continues a broader shift in Thumzup’s operational strategy. Since its Nasdaq listing in October 2024, the company has adopted Bitcoin as its primary treasury reserve asset and announced plans to offer payments in Bitcoin through its Account Specialist Program.

As Thumzup positions itself at the crossroads of digital marketing and digital currency, this expanded registration provides a strong signal of its future intentions. For investors and analysts tracking corporate Bitcoin adoption, Thumzup's latest filing is another example of a publicly traded company reinforcing its commitment to BTC as a core financial strategy.