Thumzup Media Corporation announced that its Board of Directors approved the purchase of up to $1 million in Bitcoin. This decision establishes Bitcoin as a treasury reserve asset for the company.
The company views Bitcoin as a robust reserve asset due to increasing demand, its recognition as a leading asset class, and growing backing from institutional investors. Its finite supply and inflation-resistant qualities are cited as benefits for preserving value.
This strategic move diversifies Thumzup's treasury approach, aligning with the company's innovative stance in social media branding and programmatic marketing solutions.
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