Thumzup Media Files $200 Million Form S-3 Offering to Buy Bitcoin as Primary Treasury Reserve
By: defi news|2025/05/03 07:30:02
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Thumzup Media Corporation has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission to offer up to $200 million in common stock, warrants, units, or rights. The company intends to use the proceeds for general corporate purposes, including purchasing Bitcoin as a primary treasury reserve asset. This move highlights a growing trend among publicly traded companies to acquire Bitcoin as part of their corporate strategy.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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