PANews August 11 news, according to PRNewswire, Thumzup Media Corporation (Nasdaq: TZUP) announced the completion of a $50 million public offering, priced at $10 per share, with an expected total fundraising amount of $46.5 million before related expenses. The company plans to use the raised funds for cryptocurrency and mining asset allocation, operating capital, and general corporate purposes. Thumzup has expanded its digital asset strategy to mainstream cryptocurrencies such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin. This offering is exclusively underwritten by Dominari Securities LLC and is expected to close on August 12.
