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Trump's Son to Increase Holdings in Thumzup Holding Company, Plans to Increase Stake in Cryptocurrencies such as DOGE, LTC, SOL, XRP, ETH

2025.09.05 10:24:31

On September 5th, it was reported that Thumzup (TZUP), a media company owned by Donald Trump Jr., announced in a shareholder letter that the company had invested $1 million in Bitcoin. The board of directors also authorized additional purchases of DOGE, LTC, SOL, XRP, ETH, and USDC and other cryptocurrencies. Moreover, the company was authorized to purchase 2500 DOGE mining machines, with the potential to acquire an additional 1000 machines in the future. Previously reported by BlockBeats, on August 20th, Thumzup (TZUP) announced its acquisition of Dogehash Technologies in an all-stock deal. The company will be renamed "Dogehash Technologies Holdings, Inc." and is scheduled to trade on the Nasdaq under the new ticker symbol "XDOG". The transaction is expected to be completed by the end of this year. Dogehash's technology partner is the mining machine manufacturer ElphaPex.
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