Bitcoin, XRP, and Ethereum will go to the treasury of Thumzup Media
The company's board authorizes it to hold 7 digital assets as a store of value. Corporate treasuries of bitcoin (BTC) and cryptocurrencies continue to gain traction in the world. Now, the digital marketing company Thumzup Media announced that it will hold up to 250 million dollars in various digital assets as a strategic reserve.
According to the company, the board of directors of Thumzup Media authorized the allocation of such an amount of money to accumulate bitcoin, ether (ETH), solana (SOL), XRP, dogecoin (DOGE), litecoin (LTC), and the stablecoin USD Coin (USDC). Robert Steele, the CEO of Thumzup Media, stated that this company is committed to “staying at the forefront” of the transformative technology of cryptocurrencies. This comes as “the federal government of the U.S. moves towards more cryptocurrency-friendly policies and greater regulatory clarity.”
