Thumzup Media Files $200 Million Form S-3 Offering to Buy Bitcoin as Primary Treasury Reserve

Thumzup Media Corporation has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission to offer up to $200 million in common stock, warrants, units, or rights. The company intends to use the proceeds for general corporate purposes, including purchasing Bitcoin as a primary treasury reserve asset. This move highlights a growing trend among publicly traded companies to acquire Bitcoin as part of their corporate strategy. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant