Web3MediaBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Invests $1 Million in Bitcoin as Part of Treasury Asset Strategy
Thumzup (NASDAQ: TZUP) announced the purchase of 9.783 Bitcoin for approximately $1 million at an average price of $102,220 per BTC, as part of its Treasury Asset Strategy. The company has requested Board approval to allocate up to 90% of its liquid assets for ongoing Bitcoin purchases. Coinbase (Nasdaq: COIN) provides custodial and self-custodial wallet services for Thumzup’s Bitcoin holdings. The company also plans to begin paying gig-economy workers in Bitcoin in the coming weeks, adhering to all relevant laws and regulations. To view the full press release, visit https://ibn.fm/idumo About Thumzup® Thumzup Media Corporation is democratizing the multi-billion dollar social…