Thumzup Media Corp. Stock Soars 15% on $500M Capital Raise for Bitcoin Expansion

Generated by AI AgentAinvest Movers Radar
Wednesday, May 7, 2025 8:52 am ET1min read

Thumzup Media Corp. has filed an S-3 amendment with the SEC to raise up to $500 million, aiming to scale its programmatic marketing business and aggressively expand its Bitcoin holdings.

Thumzup Media Corp. 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. This move signals a significant ramp-up in the company’s dual mission: scaling its social media branding platform and growing its Bitcoin holdings. As of May 5, 2025, Thumzup holds 19.106 BTC valued at approximately $1.8 million. The company’s board had previously greenlit a bold treasury strategy allowing up to 90% of its liquid assets to be held in Bitcoin. This expanded registration gives Thumzup the flexibility to raise capital through multiple avenues, including common stock, preferred stock, warrants, debt securities, and units, over the next three years. The company views Bitcoin as a reliable store of value and a compelling investment, believing it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability. This development follows 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 marks 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 doubling down on BTC as a core financial strategy.

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