Donald Trump Jr. purchases 350,000 shares of 'Thumzup Media' adopting Bitcoin treasury strategy
Suehyeon Lee
Summary
- Donald Trump Jr. reportedly purchased 350,000 shares of Thumzup Media, which has adopted a Bitcoin treasury strategy.
- The purchase is valued at over $4 million and was made on the recommendation of an investment advisor.
- Thumzup Media currently holds over $2 million in Bitcoin and is planning to acquire additional major cryptocurrencies.
Donald Trump Jr. has reportedly invested in Thumzup Media Corp, a social media marketing company that has adopted a Bitcoin (BTC) treasury strategy.
On the 10th (local time), Bloomberg reported, "Trump Jr. has purchased 350,000 shares of Thumzup Media, valued at over $4 million."
According to the media outlet, Trump Jr. bought the shares on the recommendation of an investment advisor and has no personal relationship with the company. Meanwhile, Thumzup Media currently holds over $2 million in Bitcoin and plans to acquire six additional cryptocurrencies (ETH, SOL, XRP, DOGE, USDC, LTC).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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