Thumzup Media (NASDAQ: TZUP) has announced its first acquisition of approximately 7.5 million Dogecoin on the open market, valued at around $2 million, with an average purchase price of $0.2665 per Dogecoin. This move follows the company's initiation of a cryptocurrency treasury in January, which began with a $1 million Bitcoin purchase. In July, Thumzup's board approved the holding of up to $250 million in cryptocurrency assets.
Thumzup Media Acquires 7.5 Million Dogecoin for $2 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.