HawkInsight

  • Contact Us
  • App
  • English

Publicly listed company Thumzup plans to raise up to US$200 million, including for the purchase of BTC"

According to Internet reports, according to documents from the U.S. Securities and Exchange Commission (SEC), Thumzup Media Corporation, a Nasdaq-listed company, submitted an S-3 registration statement with the SEC and plans to raise up to US$200 million through the issuance of common shares, preferred shares, warrants and unit securities. Documents show that Thumzup plans to use the raised funds for general corporate purposes, including purchasing Bitcoin as a main reserve asset and working capital. As of March 31, 2025, the company holds approximately 19.106 bitcoins.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More