Thumzup Board of Directors Approves Bitcoin as Treasury Reserve Asset
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Thumzup Media Corporation's Board of Directors has approved the purchase of up to $1 million in Bitcoin as a treasury reserve asset.
November 15, 2024 | 12:45 pm
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POSITIVE IMPACT
Thumzup Media Corporation has decided to allocate up to $1 million to purchase Bitcoin as a treasury reserve asset, indicating a strategic shift towards cryptocurrency.
The decision to purchase Bitcoin as a treasury reserve asset suggests Thumzup is diversifying its asset base and potentially aligning with the growing trend of cryptocurrency adoption. This move could attract investors interested in crypto, potentially boosting the stock price.
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