CoinVoice has recently learned that, according to PR Newswire, Thumzup Media Corporation, a Nasdaq-listed company in which Donald Trump Jr. has invested and holds cryptocurrency reserves, announced a public offering of pre-funded warrants in lieu of common stock at a price of $10 per share to certain investors, with a total fundraising amount expected to be $46.5 million. The transaction is expected to be completed around August 12, 2025, but is subject to customary closing conditions.

The company intends to use the net proceeds from this offering to purchase cryptocurrency and mining equipment, working capital, and general corporate purposes. [Original link]