Thumzup Media eyes strategic expansion into digital asset mining and treasury investments

Published 2 months ago Positive
Thumzup Media eyes strategic expansion into digital asset mining and treasury investments
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* Thumzup Media (NASDAQ:TZUP [https://seekingalpha.com/symbol/TZUP]) Wednesday announced [https://seekingalpha.com/pr/20199119-thumzup-media-corporation-announces-strategic-expansion-into-digital-asset-mining-and] a strategic and significant expansion of its Digital Asset Treasury strategy to include large-scale cryptocurrency mining and targeted blockchain investments.
* The initiative follows the company's recently completed $50 million capital raise, designed to accelerate material developments in the fast-growing digital asset sector.
* Thumzup will deploy capital into state-of-the-art cryptocurrency mining infrastructure, prioritizing energy efficiency, operational scalability, and long-term sustainability.
* In parallel, Thumzup (NASDAQ:TZUP [https://seekingalpha.com/symbol/TZUP]) will strategically expand its DAT through targeted accumulation of established cryptocurrencies.  

MORE ON THUMZUP MEDIA CORPORATION

* Financial information for Thumzup Media Corporation [https://seekingalpha.com/symbol/TZUP/income-statement]