Donald Trump Jr. Invests in Thumzup Media Amid Company’s Expanding Bitcoin Treasury Strategy
2025-07-10 06:54:25
Main Idea
Donald Trump Jr. invests over $4 million in Thumzup Media, a company with a Bitcoin-focused financial strategy, reflecting the Trump family's growing involvement in cryptocurrency ventures.
Key Points
1. Donald Trump Jr. acquired 350,000 shares in Thumzup Media Corp., valued at over $4 million, following his investment adviser's recommendation.
2. Thumzup Media posted a $2.2 million loss on $151 revenue in Q1 2025 but allocated up to 90% of surplus cash to Bitcoin, holding over 19 BTC by early 2025.
3. The Trump family's crypto involvement includes Eric Trump joining Metaplanet's advisory board and Trump Media & Technology Group's investments.
4. Thumzup's SEC filing amendment highlights broader market interest in crypto-backed enterprises despite operational losses.
5. Thumzup integrated Bitcoin payments into its Associate Salesperson Program, aligning with its Bitcoin treasury strategy.
Description
Donald Trump Jr. has made a significant investment in Thumzup Media Corp., a social media company pioneering a Bitcoin treasury strategy. The Los Angeles-based firm, despite minimal revenue and recent
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