Crypto De Nostradame
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Bullish
US company raises $50 million to invest in six cryptocurrencies
US-based Thumzup has raised $50 million to expand into crypto mining and invest in six cryptocurrencies, including Bitcoin.
US-based social media company Thumzup announced that it has raised $50 million to expand into cryptocurrency mining and purchase select altcoins along with Bitcoin. The targeted altcoins are $ETH , $XRP , $SOL , #LTC , and #DOGE .
In a press release released today, the company stated, “We are actively collaborating with mining service providers to accelerate mining operations and become a pioneer in the industry. Our goal is to establish our company as a leader in cryptocurrency mining and treasury management by creating sustainable, income-generating assets.”
Last month, Thumzup announced that its board of directors had approved the purchase of up to $250 million in cryptocurrencies.
Meanwhile, according to a recent filing with the U.S. Securities and Exchange Commission (SEC), Donald Trump Jr., son of Donald Trump, was among Thumzup's shareholders, but he sold all his shares this week. Thumzup was just one of the Trump family's crypto investments. The family has quickly established several crypto ventures, including the DeFi project World Liberty Financial. According to the New Yorker magazine, the family has earned $2.4 billion from crypto to date.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @Crypto De Nostradame
US-based Thumzup has raised $50 million to expand into crypto mining and invest in six cryptocurrencies, including Bitcoin.
US-based social media company Thumzup announced that it has raised $50 million to expand into cryptocurrency mining and purchase select altcoins along with Bitcoin. The targeted altcoins are $ETH , $XRP , $SOL , #LTC , and #DOGE .
In a press release released today, the company stated, “We are actively collaborating with mining service providers to accelerate mining operations and become a pioneer in the industry. Our goal is to establish our company as a leader in cryptocurrency mining and treasury management by creating sustainable, income-generating assets.”
Last month, Thumzup announced that its board of directors had approved the purchase of up to $250 million in cryptocurrencies.
Meanwhile, according to a recent filing with the U.S. Securities and Exchange Commission (SEC), Donald Trump Jr., son of Donald Trump, was among Thumzup's shareholders, but he sold all his shares this week. Thumzup was just one of the Trump family's crypto investments. The family has quickly established several crypto ventures, including the DeFi project World Liberty Financial. According to the New Yorker magazine, the family has earned $2.4 billion from crypto to date.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @Crypto De Nostradame
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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