Thumzup will purchase 2,500 DOGE miners and increase holdings in cryptocurrencies such as SOL, LTC, XRP, and ETH.
ChainCatcher news, according to PRNewswire, Thumzup Media Corporation, a social media company holding cryptocurrency reserves and invested in by Donald Trump Jr., the eldest son of Donald Trump, has released a shareholder letter stating that the company has spent $1 million to purchase bitcoin. Meanwhile, its board of directors has authorized further purchases of cryptocurrencies such as DOGE, LTC, SOL, XRP, ETH, and USDC. The company has also reached a definitive acquisition agreement to purchase 2,500 DOGE mining machines, with the possibility of purchasing an additional 1,000 mining machines in the future.
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