The post Thumzup Explores Adding Dogecoin and Other Cryptocurrencies to Bitcoin Holdings appeared on BitcoinEthereumNews.com.

Thumzup, a publicly traded social media marketing tech company, is evaluating expanding its corporate treasury beyond Bitcoin to include cryptocurrencies like Dogecoin, Solana, XRP, Ethereum, and USDC. The Los Angeles-based firm recently secured board approval to explore adding up to six new digital assets, leveraging proceeds from a $6.5 million capital raise completed earlier this week. According to Thumzup CEO Robert Steele, the company is assessing whether diversifying its crypto holdings aligns with shareholder interests, stating, “Does it make sense for us to just increase the Bitcoin holding, or should we also start holding some DOGE or XRP?” Thumzup considers diversifying its crypto treasury beyond Bitcoin, eyeing Dogecoin, Solana, XRP, and Ethereum as it leverages a recent $6.5M raise to enhance shareholder value. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Thumzup’s Strategic Move to Broaden Crypto Treasury Holdings Thumzup’s initiative to expand its cryptocurrency portfolio marks a significant development in corporate treasury management within the social media marketing sector. The company, which currently holds over 19 BTC valued at approximately $2.1 million, is now exploring the addition of six other digital assets: Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), XRP, Ethereum (ETH), and the USDC stablecoin. This strategic evaluation follows a successful $6.5 million fundraising round, with the new tokens to be acquired using part of these proceeds. The board’s approval to investigate these additions reflects a cautious yet…

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Filed under: News - @ July 10, 2025 2:20 am