Thumzup Shareholder Letter: Has 19.1 Bitcoin Strategic Reserve, Allocates 90% of Liquid Assets to Bitcoin
On January 30, Thumzup Media Corporation (NASDAQ: TZUP) released a letter to its shareholders outlining the company's significant accomplishments in 2024 and its strategic vision for the future.
The shareholder letter mentions that based on Thumzup's strategic focus on cryptocurrencies, Thumzup also received approval from its board of directors on Jan. 17 to allocate up to 90 percent of the company's liquid assets to bitcoin. This decision underscores Thumzup's commitment to utilizing Bitcoin not only as a payment method, but as a key component of Thumzup's financial asset strategy. In an effort to continue to innovate and enhance user choice, Thumzup strategically acquired 19.106 BTC for an investment of $2,000,020.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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