According to Foresight News, Nasdaq-listed Thumzup Media Corp has announced a successful fundraising of $6.5 million at a price of $6 per share. The company plans to utilize the net proceeds from this proposed offering for general corporate purposes and to explore the accumulation of additional cryptocurrencies.
Previously, Foresight News reported that Thumzup Media's board had authorized the allocation of up to 90% of its liquid assets into Bitcoin (BTC) as part of its financial strategy.