Thumzup
Bitcoin Holdings
Thumzup held bitcoin since January 6, 2025.
- BTC balance
- 9.783$1.00M
- Avg. cost / BTC
- $102,220
- Profit / Loss
- +0.42%
Stock & Financials
Thumzup is trading under the ticker TZUP.
- Share price
- $7.97
- Market cap
- $75.7M
- Enterprise value
- $70.45M
- NAV multiple
- 75.434
- BTC / Market cap
- 1.3%
About Thumzup
Thumzup Media Corporation (NASDAQ: TZUP) is a U.S.-based public company pioneering a unique approach in the digital advertising sector. Thumzup’s platform empowers everyday users to become brand advocates, rewarding them for sharing and promoting products and services across their social networks. By leveraging user-generated content, Thumzup bridges the gap between brands and consumers, creating a more authentic and scalable advertising ecosystem.
In late 2024, Thumzup made headlines by announcing a bold treasury strategy: allocating a significant portion of its liquid assets to Bitcoin. This move reflects a growing trend among innovative public companies seeking to diversify their reserves and hedge against inflation. Thumzup’s leadership views Bitcoin not only as a store of value but also as a strategic asset that aligns with the company’s forward-thinking ethos and commitment to technological advancement.
By integrating Bitcoin into its treasury, Thumzup positions itself at the forefront of corporate adoption in the digital asset space. This decision underscores the company’s confidence in Bitcoin’s long-term potential and signals its intent to be a leader among publicly traded firms embracing decentralized finance. As more companies explore similar strategies, Thumzup’s actions are likely to influence both the advertising industry and the broader corporate landscape.
Recent Developments
- January 6, 2025: Thumzup added 9.783 BTC to its corporate treasury, bringing its total Bitcoin holdings to a cost basis of $1,000,018. This acquisition was publicly disclosed via social media and a press release, highlighting the company’s commitment to holding Bitcoin as a core reserve asset.
- Board Approval: In November 2024, Thumzup’s board of directors formally approved Bitcoin as a treasury reserve asset, authorizing up to $1 million in purchases to diversify the company’s liquid assets and strengthen its balance sheet [stocktitan.net].
- Strategic Allocation: Thumzup has publicly stated its intention to hold up to 90% of its liquid assets in Bitcoin, underscoring a strong conviction in the digital asset’s role as a hedge and growth opportunity [stocktitan.net].
Thumzup’s proactive Bitcoin strategy sets it apart from many of its peers, reflecting both a commitment to innovation and a belief in the transformative potential of digital assets. As the company continues to expand its core business and deepen its involvement with Bitcoin, it remains a noteworthy example of public company adoption in the evolving landscape of corporate treasury management.
Thumzup — Bitcoin Holdings Over Time
Balance Sheet History
Click on each row for more details.
Cost Basis | ||||
---|---|---|---|---|
9.783 | +9.783 | $1,000,018 |
- Date
- BTC Balance
- 9.783
- Cost Basis
- $1,000,018
- Sources
- Submitted By:Â
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