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Thumzup Media Corp Buys $1 Million in Bitcoin To Its Balance Sheet

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Credit : coinpedia.org

In a modern growth, publicly traded firm Thumzup Media Corp has introduced that it has added $1 million value of Bitcoin to its stability sheet.

On January 6, 2025, Thumzup Media Company bought 9,783 Bitcoins for $1,000,020, at a median worth of $102,220 per Bitcoin, together with charges and fees.

Notably, the corporate’s administration has requested permission from the Board of Administrators to carry as much as 90% of its liquid property in Bitcoin. Coinbase Prime acts as a custodian and supplies self-custodial pockets providers for the corporate’s BTC holdings.

Moreover, Thumzup plans to pay gig financial system staff in Bitcoin, in accordance with relevant legal guidelines and rules.

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