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Thumzup Media Diversifies Treasury with $250 Million in Cryptocurrencies

Thumzup Media Corporation, a Los Angeles-based AdTech company, announced Thursday that its board of directors has approved holding up to $250 million in crypto assets. The portfolio will include Bitcoin, Ethereum, Solana, Ripple, Dogecoin, Litecoin, and the USDC stablecoin.

According to the official statement, the decision was made in the context of shifting U.S. cryptocurrency regulation policies. The company’s CEO, Robert Steele, stated that diversifying the crypto portfolio aims to maximize value for Thumzup ($TZUP) shareholders.

Founded in 2020, Thumzup Media operates a platform that rewards users for promoting branded content on social media. Donald Trump Jr. is also an investor in the company, according to published information.

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