Thumzup media corporation files form s-3 amendment to increase shelf registration to $500 million
Expanded registration statement to support working capital and to further its bitcoin treasury strategy thumzup currently holds 19.106 btc with a market value of approximately $1.8 million as of may 5, 2025 the company's board of directors previously authorized thumzup to hold up to 90% of its liquid assets in bitcoin under its btc reserve strategy los angeles , may 6, 2025 /prnewswire/ -- thumzup media corporation ("thumzup" or the "company") (nasdaq: tzup), an emerging leader in social media branding and programmatic marketing solutions, today announced that it has filed an amendment to its "universal shelf" registration statement on form s-3 with the securities and exchange commission (the "sec"), increasing the maximum aggregate offering amount from $200 million to $500 million. once effective, this upsized registration statement will allow thumzup to raise up to $500,000,000 for additional working capital and to further its bitcoin ("btc") acquisition strategy.
TZUP Ratings Summary
TZUP Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission