CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Defiant 2025-05-03 07:05:11

Thumzup Media Files $200 Million Form S-3 Offering to Buy Bitcoin as Primary Treasury Reserve

Thumzup Media Corporation has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission to offer up to $200 million in common stock, warrants, units, or rights. The company intends to use the proceeds for general corporate purposes, including purchasing Bitcoin as a primary treasury reserve asset. This move highlights a growing trend among publicly traded companies to acquire Bitcoin as part of their corporate strategy. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.