Thumzup submitted S-3 sign up statement, intending to issue up to 200 million dollars in securities to acquire Bitcoin.

2025-05-02 21:18:34

Wu reported that Thumzup Media Corporation submitted an S-3 registration statement to the SEC, planning to issue up to a total of $200 million in common stock, warrants, units, or rights. The company intends to use the proceeds for general corporate purposes, including purchasing Bitcoin as a primary reserve asset and for daily operating capital arrangements.

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