Summary
- Thumzup reported that it lent $2.5 million to DogeHash.
- It said the funds will be used to purchase more than 500 Dogecoin (DOGE) ASIC miners.
- Thumzup said it holds about 19 Bitcoin (BTC) and 7.5 million DOGE.
On the 30th (local time), according to virtual asset (cryptocurrency) specialist media The Block, Nasdaq-listed social media marketing company Thumzup lent $2.5 million to DogeHash. The funds will be used to purchase more than 500 Dogecoin (DOGE) ASIC miners. Thumzup began purchasing crypto assets in January of this year and currently holds about 19 Bitcoin (BTC) and 7.5 million DOGE.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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