Thumzup Media Plans to Issue 200 Million Dollar Stock for Bitcoin and Operations
According to BlockBeats, Thumzup Media Corporation, listed on Nasdaq, has filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC). The company plans to issue common stock, warrants, units, or rights, with a total value of up to 200 million dollars. The raised funds are expected to be used for general corporate purposes, including the purchase of Bitcoin as a primary reserve asset and managing operating costs.
