Thumzup (NASDAQ: TZUP) said it agreed to acquire Dogehash Technologies Inc., a blockchain infrastructure company focused on mining Dogecoin and Litecoin, in an all-stock transaction valued at 30.7 million Thumzup shares. Following the deal, the combined company will be renamed Dogehash Technologies Holdings Inc. and trade on Nasdaq under the symbol XDOG. Dogehash operates about 2,500 Scrypt ASIC miners in North America, with additional units expected later this year to expand production. The companies said the merger will create a leading Dogecoin mining platform leveraging renewable energy, high-efficiency rigs and Dogecoin Layer-2 infrastructure to improve miner economics. Closing is expected in the fourth quarter of 2025, subject to customary approvals.
To view the full press release, visit https://ibn.fm/Snr59
About Thumzup(R)
Thumzup Media Corporation is pioneering a new era of digital marketing and financial innovation. In parallel with the growth of its AdTech platform, Thumzup’s Board of Directors has authorized the company to strategically expand its treasury strategy beyond Bitcoin to include leading cryptocurrencies , such as Dogecoin , Litecoin , Solana , Ripple, Ether, and USD Coin, reinforcing the Company’s commitment to financial agility and innovation.
NOTE TO INVESTORS: The latest news and updates relating to TZUP are available in the company’s newsroom at https://ibn.fm/TZUP
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