TechFlow, May 3 — According to U.S. Securities and Exchange Commission (SEC) filings, Nasdaq-listed Thumzup Media Corporation has submitted an S-3 registration statement to the SEC, planning to raise up to $200 million through the issuance of common stock, preferred stock, warrants, and units.
The filing indicates that Thumzup intends to use the proceeds for general corporate purposes, including purchasing bitcoin as a primary reserve asset and for working capital. As of March 31, 2025, the company held approximately 19.106 bitcoins.
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