š $50M $DOGE POWER PLAY: THUMZUP TURNS INTO DOGEHASH
Thumzup is making a bold pivot with a $50 million push into Dogecoin mining. Under an August 19 merger deal, Thumzup will be renamed Dogehash Technologies Holdings, Inc., issuing 30.7M restricted shares to DogeHash holdersāpending Nasdaq approvals. Reports suggest the new ticker could be XDOG.
The Trump connection adds fuel to the spotlight: Donald Trump Jr. is listed as a shareholder (350K shares), and both Donald Jr. and Eric Trump joined Dominari Holdingsā advisory board earlier this year. Dominari Securities also raised capital to fund Thumzupās crypto expansion.
The company plans to scale using Bitmainās L9-class miners, projecting $22.7M annual revenue at $0.22 DOGE, and over $100M if DOGE hits $1. With $50M+ cash on hand, a treasury that already holds Bitcoin, and focus on Dogecoin + Litecoin mining, the combined firm is positioning itself as a global DOGE mining leader.
Is Dogehash the next big play in meme coin infrastructureāor just hype fueled by politics and crypto ambition?
