Welcome to our dedicated page for THUMZUP MEDIA CORPORATION news (Ticker: TZUP), a resource for investors and traders seeking the latest updates and insights on THUMZUP MEDIA CORPORATION stock.
News and disclosures related to Thumzup Media Corporation (Nasdaq: TZUP), now operating as Datacentrex, Inc., highlight a period of rapid transformation from a social media marketing and AdTech-focused company into a diversified enterprise anchored in digital-asset infrastructure, blockchain mining, and data-center operations. Company press releases and SEC filings describe how Thumzup combined its public-company platform with Dogehash Technologies, an industrial-scale Scrypt mining operator, to create a digital infrastructure business with exposure to Dogecoin, Litecoin, and other digital assets.
Readers following TZUP news can review coverage of the completed Dogehash acquisition, the resulting change of control, and the rebranding of the combined entity as Datacentrex. News items explain how the company strengthened its balance sheet through a public offering, authorized a broader cryptocurrency treasury strategy, and outlined plans to maintain a diversified digital-asset treasury sourced from mining yield. Additional announcements describe the appointment of independent directors with backgrounds in blockchain operations, AI and high-performance computing, cybersecurity, and public-company governance.
The company’s news flow also covers developments in its Thumzup advertising platform, including integrations that enable brands to reward users for creating authentic content on major social networks such as TikTok, X, and Instagram. Other releases discuss potential Dogecoin integration as a payout option for app users and the company’s positioning as both a digital asset accumulator and an advertising industry disruptor.
Investors and observers can use this news page to review transaction updates, governance changes, capital-raising activities, share repurchase authorizations, and strategic communications that collectively document Thumzup’s evolution into Datacentrex and its role in the broader digital economy.
Thumzup Media Corporation (Nasdaq: TZUP) has expanded its strategic partnership with Coinbase Prime to accelerate its cryptocurrency accumulation and mining strategy. The company successfully raised $50 million at $10 per share to diversify its crypto holdings and acquire mining equipment.
Key developments include authorization to allocate up to 90% of liquid assets to cryptocurrencies and the establishment of a Bitcoin-backed credit facility with Coinbase Prime in May 2025. The partnership provides Thumzup with institutional-grade trading, financing solutions, and NYDFS-qualified custody services to support its Digital Asset Treasury strategy.
Thumzup Media Corporation (Nasdaq: TZUP) announced a major strategic expansion into cryptocurrency mining and digital asset investments, backed by a recently completed $50 million capital raise. The company plans to establish a scalable mining infrastructure while building a diversified portfolio of cryptocurrencies through its Digital Asset Treasury (DAT) strategy.
The initiative aims to capitalize on the United States' emergence as a global digital asset hub. Thumzup will invest in state-of-the-art mining technology, focusing on energy efficiency and operational scalability, while simultaneously expanding its treasury through strategic cryptocurrency acquisitions.
Thumzup Media (Nasdaq: TZUP) has successfully closed its previously announced public offering, raising $50 million in gross proceeds through the sale of common stock at $10 per share. The digital asset accumulator and advertising industry disruptor plans to utilize the net proceeds to explore cryptocurrency accumulation and mining equipment purchases, along with working capital and general corporate purposes.
The offering was conducted through Dominari Securities LLC as the exclusive placement agent, under a shelf registration statement on Form S-3. The registration was filed with the SEC on May 2, 2025, and became effective on May 30, 2025, with final prospectus documents filed on August 12, 2025.
Thumzup Media (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, has announced the pricing of its confidentially marketed public offering at $10 per share. The offering includes common stock and pre-funded warrants, expected to generate gross proceeds of $46.5 million.
The company plans to use the net proceeds to explore cryptocurrency accumulation and mining equipment investments, along with working capital and general corporate purposes. The offering, managed by Dominari Securities LLC as the exclusive placement agent, is expected to close around August 12, 2025.
Thumzup Media (Nasdaq: TZUP) has announced updated terms for its previously disclosed best efforts public offering. The offering will now include common stock and pre-funded warrants to purchase common stock for certain investors. The company plans to use the proceeds for exploring cryptocurrency accumulation, mining equipment acquisition, working capital, and general corporate purposes.
The offering is being made through a shelf registration statement on Form S-3 that was declared effective by the SEC on May 30, 2025. Dominari Securities LLC is serving as the sole placement agent. The completion and terms of the offering are subject to market conditions, with no guarantees of successful execution.
Thumzup Media (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, has announced a public offering of Series D Non-Voting Convertible Preferred Stock. The company plans to use the proceeds for exploring cryptocurrency accumulation, mining equipment acquisition, working capital, and general corporate purposes.
The offering is being conducted on a best efforts basis through Dominari Securities LLC as the sole placement agent. The offering is made pursuant to a shelf registration statement on Form S-3 (File No. 333-286951) that was declared effective by the SEC on May 30, 2025.
Thumzup Media Corporation (NASDAQ:TZUP) announced its Board of Directors has authorized the company to hold up to $250 million in cryptocurrencies. The approved portfolio will include Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC.
CEO Robert Steele emphasized that this strategic move aligns with the increasing crypto-friendly policies and regulatory clarity in the U.S., positioning Thumzup to leverage opportunities in the cryptocurrency market for shareholder value creation.
Thumzup Media (NASDAQ:TZUP) announced its Board's approval to expand its cryptocurrency holdings beyond Bitcoin. The company, which currently holds 19.106 BTC valued at approximately $2.1 million, will now include Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin in its digital asset strategy.
This expansion builds upon Thumzup's existing strategy that allows holding up to 90% of liquid assets in Bitcoin. The new board resolution authorizes management to evaluate potential benefits of portfolio diversification in digital assets while continuing to scale their AdTech platform.
Thumzup Media (NASDAQ:TZUP) has successfully closed its previously announced registered direct offering, raising approximately $6.04 million in net proceeds. The offering consisted of 108,333 shares of Series C Convertible Preferred Stock at $60.00 per share, convertible into an aggregate of 1,083,333 shares of common stock (equivalent to $6.00 per common share).
Each Series C share converts into 10 shares of common stock, subject to 4.99% or 9.99% beneficial ownership limitations. The company plans to use the proceeds for general corporate purposes and exploring cryptocurrency accumulation opportunities. Dominari Securities LLC served as the sole placement agent for this SEC-registered offering.
Thumzup Media Corporation (Nasdaq: TZUP) has announced a registered direct offering to raise $6.5 million through the sale of up to 1,083,333 shares of common stock at $6.00 per share. The offering includes shares issuable upon conversion of Series C Convertible Preferred Stock.
As part of the transaction, Thumzup will issue 179,500 shares of Series C non-voting shares with 4.99% and 9.99% beneficial ownership limitations. Dominari Securities LLC is serving as the sole placement agent. The company plans to use the proceeds for general corporate purposes and exploring cryptocurrency accumulation opportunities.
The offering is being conducted through an effective shelf registration statement on Form S-3 (No. 333-286951), which was declared effective by the SEC on May 30, 2025.