The post Bitcoin Treasury Firm Thumzup Considering Dogecoin, XRP Buys as Trump Jr. Invests appeared on BitcoinEthereumNews.com.

In brief Publicly traded company Thumzup is considering adding cryptocurrencies besides Bitcoin to its treasury. The company received approval from its board on Wednesday to evaluate adding at least six additional coins to its corporate treasury, Thumzup CEO Robert Steele told Decrypt. Those coins are Dogecoin, Litecoin, Solana, XRP, Ethereum, and the USDC stablecoin. Publicly traded social media marketing tech company Thumzup is exploring expanding its corporate treasury holdings beyond Bitcoin, considering whether to add other leading cryptocurrencies like Dogecoin (DOGE), Solana (SOL), the Ripple-linked XRP, and Ethereum (ETH).  The Los Angeles-based firm received approval from its board on Wednesday to begin evaluating the potential upside of adding at least six additional digital assets to its corporate treasury: Dogecoin, Litecoin, Solana, XRP, Ethereum, and the USDC stablecoin. The tokens would be purchased using some of the proceeds from Thumzup’s $6.5 million raise, which was completed earlier this week. In a press release Wednesday, the firm said that the board had approved adding such cryptocurrencies—but Thumzup CEO Robert Steele clarified that it only has approval at this time to explore such additions. “We’re looking at what’s in the best interest of our shareholders,” Steele told Decrypt. “Does it make sense for us to just increase the Bitcoin holding, or should we also start holding some DOGE or XRP?”  The announcement comes as a SEC filing on Wednesday showed that Donald Trump Jr.—the president’s son—had purchased 350,000 shares in Thumzup as part of his broader push to invest in crypto treasury companies. The stake was worth more than $4 million as of the closing bell on Tuesday.  Thumzup’s shares finished the trading day priced at $9.50, down 23% on the day. The company, which began accumulating Bitcoin earlier this year, holds a little more than 19 BTC—worth roughly $2.1 million as…

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Filed under: News - @ July 10, 2025 2:23 am