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On September 17, 2025, Thumzup Media Corporation (the "Company") announced its inaugural open-market acquisition of Dogecoin ("Dogecoin" or "DOGE"), securing approximately 7.5 million tokens valued at roughly $2 million, at a weighted average price of $0.2665.
The Company is increasing its Dogecoin ecosystem involvement through its proposed acquisition of DogeHash, a Dogecoin mining operation boasting 2,500 advanced mining rigs, with an additional 1,000 units on order, which are currently expected to be installed later this year. This expansion follows the Company's offering of $50 million of common stock in August 2025, priced at $10.00 per share, which such proceeds were earmarked for cryptocurrency accumulation and the procurement of high-performance DOGE mining rigs.
The Company is currently also strengthening its leadership team, highlighted by the recent appointments of DogeOS CEO and MyDoge Leader Jordan Jefferson and Alex Hoffman, Head of Ecosystem at DogeOS, to its Crypto Advisory Board.
Posted In: TZUP
