BREAKING
376d 2h ago

Thumzup Media Corporation’s Bold Move: Allocating 90% of Liquid Assets to Bitcoin for Strategic Growth

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On January 30th, Thumzup Media Corporation (NASDAQ: TZUP) unveiled its shareholder letter, highlighting the pivotal milestones reached in 2024 along with its forward-looking strategy. Notably, the correspondence emphasized the company’s enhanced focus on cryptocurrency investments, reflecting a broader trend in the financial landscape. On January 17th, the Board officially sanctioned a decision to allocate up to 90% of its liquid assets towards Bitcoin, reinforcing Thumzup’s commitment to integrating Bitcoin into its financial framework.

This strategic pivot not only positions Thumzup to leverage Bitcoin as a payment solution but also as a core component of its overall asset management approach. In a decisive move to capitalize on market opportunities, Thumzup invested $2,000,020 to acquire 19.106 BTC, thereby enhancing its digital asset portfolio. The company’s forward-thinking initiatives illustrate a strong dedication to innovation while expanding user options in the evolving cryptocurrency market.

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