**๐ Thumzup Media Plans to Raise $200 Million โ Partly to Buy Bitcoin ๐**
Thumzup Media, a company listed on Nasdaq ๐, just announced plans to sell up to $200 million ๐ธ worth of shares or other investments to raise money. Hereโs the breakdown:
- ๐ฐ Whatโs the money for?
Theyโll use the cash to cover everyday business costs ๐ข and to buy Bitcoin โฟ, which they want to hold as part of their money strategy.
- *๐ Bigger Trend:
Thumzup is following companies like Tesla ๐ and MicroStrategy ๐ง by adding Bitcoin to their savings, showing trust in cryptoโs future value.
- ๐ ๏ธ How?
They might sell shares ๐, special investment deals ๐ค, or other options to hit the $200M goal.
๐ Why care?
This move highlights how more traditional companies are betting on Bitcoin. Will others follow? ๐ค
Stay updated as the plan moves forward! ๐จ
Source: Foresight News ๐ฐ | Do your own research before investing.
๐ฌ Your thoughts?
Is Bitcoin becoming the new โcompany savings accountโ ๐ฆ? Drop your take below! ๐