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TechFlow reported on January 24 that U.S. social media company Thumzup (Nasdaq: TZUP) announced its board of directors has authorized holding 90% of the company's remaining cash in bitcoin. The company previously announced on November 15, 2024, a strategy to include bitcoin in its treasury assets and purchased $1 million worth of bitcoin on January 6, 2025, with plans to continue accumulating bitcoin.
American social media company Thumzup (Nasdaq: TZUP) announced that its board of directors has authorized holding 90% of the company's remaining cash in Bitcoin. The company previously announced on November 15, 2024, the inclusion of Bitcoin in its treasury strategy and purchased $1 million worth of Bitcoin on January 6, 2025, with plans to continue accumulating Bitcoin.
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