According to Golden Finance news, Trump's eldest son, Donald Trump Jr., has invested in a social media company called Thumzup Media Corporation, which holds cryptocurrency reserves. Recently, it was announced that they acquired a company that mines DOGE, Dogehash Technologies.
The amount spent was not disclosed, but after the acquisition, Dogehash will change its code to 'XDOG' and will be listed for trading on NASDAQ.
It is reported that Dogehash currently has about 2,500 Scrypt ASIC mining machines in North America, which not only mine DOGE but also coins like Litecoin that use the Scrypt algorithm.
After the transaction is completed, it is expected that more equipment will be added later this year.
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