AdTech venture Thumzup is exploring diversification of its cryptocurrency treasury holdings beyond Bitcoin, signaling potential investments in alternative assets including Dogecoin, Solana, XRP, Ethereum, and stablecoins.
The company currently maintains over 19 BTC valued at approximately $2.1 million. According to corporate statements, Thumzup is formally evaluating the addition of Dogecoin, Litecoin, Solana, XRP, Ethereum, and USD Coin to its reserve portfolio.
This strategic review follows completion of a $6.5 million fundraising round, with CEO Robert Steele emphasizing rigorous due diligence procedures before allocating new capital. Steele noted Bitcoin’s emerging status as ‘digital gold’ while underscoring corporate initiatives to maximize financial positioning.
The treasury deliberations coincide with heightened institutional interest in Thumzup, highlighted by Donald Trump Jr.’s recent acquisition of 350,000 company shares valued above $4 million. The potential inclusion of stablecoins like USDC indicates a focus on liquidity management and portfolio risk mitigation within Thumzup’s expanded crypto strategy.