Foresight News reports that Thumzup Media Corporation (NASDAQ: TZUP), a social media branding and programmatic marketing solutions company, announced it has purchased 9.783 bitcoins for approximately 1 million dollars, at an average price of 102,220 dollars per bitcoin. The Coinbase Prime platform acted as the custodian, providing self-custody wallet services for Thumzup's BTC. The announcement stated that the company's management is seeking board authorization to hold up to 90% of its liquid assets in the form of bitcoin to facilitate ongoing purchases of bitcoin, which is part of its financial asset strategy announced on November 15, 2024. Thumzup expects to begin paying gig-economy workers in BTC in the coming weeks while complying with all applicable laws and regulations.

#BTC