PANews, May 7 news, Nasdaq-listed Thumzup Media Corporation (NASDAQ: TZUP) announced that it has increased its financing registration limit from $200 million to $500 million, preparing to raise more funds over the next three years through the issuance of stocks, bonds, and other means. The company currently holds 19.106 Bitcoin (approximately $1.8 million) and plans to use up to 90% of its liquid assets to invest in Bitcoin, further strengthening its digital asset strategy. No securities have been sold yet, and specific financing plans will be announced separately.
According to previous news, Nasdaq-listed company Thumzup submitted an S-3 registration statement, intending to issue up to $200 million in securities to acquire Bitcoin.
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