Thumzup purchases $1 million in BTC to diversify liquid belongings

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Samzap Media Co., Ltd. (“Thumzup” or the “Firm”) (NASDAQ: TWUP), an rising chief in social media branding and programmatic advertising and marketing options, immediately bought 9.783 Bitcoin (“BTC”) at a median worth of roughly $1 million. Introduced. $102,220 per BTC.

Administration has requested the Board of Administrators for approval to carry as much as 90% of liquid belongings in BTC for extra ongoing Bitcoin purchases as a part of the Monetary Property Technique introduced on November 15, 2024. There’s.

coinbase (NASDAQ: COIN) The Prime platform acts as a custodian and gives self-custody pockets providers for Thumzup's BTC.

Thumzup plans to start paying gig economic system staff in BTC within the coming weeks, in accordance with all relevant legal guidelines and rules.

(1) https://bravenewcoin.com/insights/bitcoin-hoarders-of-2024-the-hodl-top-70-and-their-crypto-treasuries

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