Thumzup Media Goes on a Cryptocurrency Shopping Spree
2025-07-20 09:30:16
Main Idea
Thumzup Media Corporation has shifted its investment strategy from solely holding Bitcoin to diversifying into cryptocurrencies like XRP, USDC, ETH, SOL, DOGE, and LTC, aiming to minimize risk and leverage a more favorable regulatory environment.
Key Points
1. Thumzup previously held 19 BTC valued at approximately $2.3 million but is now diversifying its portfolio with a $250 million plan to include other major cryptocurrencies.
2. CEO Robert Steele cited the influence of U.S. regulatory frameworks, such as the GENIUS Act and the CLARITY Act, as factors in the strategic shift.
3. Donald Trump Jr.'s investment of $4 million in Thumzup shares and his consultancy ties with Eric Trump have boosted investor interest.
4. Thumzup's shares saw an 84% rise over the month and a 267% increase since the start of the year, closing at $12.59.
5. XRP, one of Thumzup's selected assets, recently reached a peak of $3.65 and was trading at $3.42 at the time of writing, reflecting a 26% market visibility.
Description
Thumzup Media Corporation diversifies with a $250 million cryptocurrency investment plan. The company aims to minimize single-asset risk and leverage U.S. Continue Reading: Thumzup Media Goes on a Cryptocurrency Shopping Spree The post Thumzup Media Goes on a Cryptocurrency Shopping Spree appeared first on COINTURK NEWS .
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