Thumzup media corporation expands capital strategy with bitcoin-backed credit facility from coinbase prime

Thumzup recently filed a shelf registration statement to raise up to $500 million for working capital and to accelerate its bitcoin ("btc") acquisition strategy tzup currently holds 19.106 btc with a market value of approximately $2.0 million as of may 12, 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 13, 2025 /prnewswire/ -- thumzup media corporation ("thumzup" or the "company") (nasdaq: tzup) today announced it has expanded its capital strategy by establishing a bitcoin ("btc") backed credit facility with coinbase prime ("coinbase prime") (nasdaq: coin) to provide access to non-dilutive capital. "we believe that coinbase's addition to the s&p 500 marks a significant milestone for the entire crypto industry – coinbase's trailblazing journey brought btc and other tokens into the mainstream," said robert steele, ceo of thumzup.
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