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 media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.

Thumzup was featured on CBS Los Angeles and in KTLA.

NOTE TO INVESTORS: The latest news and updates relating to TZUP are available in the company’s newsroom at https://ibn.fm/TZUP

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