Thumzup Media Soars 12.92% on $500M Capital Raise for Bitcoin Strategy

On May 15, 2025, Thumzup Media's stock surged by 12.92% in pre-market trading, marking a significant rise in investor confidence and market sentiment.

Thumzup Media Corporation has recently filed a shelf registration statement to raise up to $500 million. This move is aimed at bolstering the company's working capital and accelerating its Bitcoin acquisition strategy. The additional funds will enable Thumzup to expand its operations and strengthen its position in the market.

In a related development, Thumzup Media Corporation has filed an amendment to its Form S-3, increasing its shelf registration to $500 million. This amendment reflects the company's strategic plan to secure more capital for its ongoing initiatives and future growth prospects.

Thumzup Media Corporation's plans to raise $500 million to boost its Bitcoin holdings have garnered attention from investors. This capital raise is part of the company's broader strategy to enhance its digital asset portfolio and leverage the growing interest in cryptocurrencies.