On September 24, 2025, Thumzup Media Corporation (NASDAQ: TZUP) announced that its board of directors approved a $10 million share repurchase program that will run through December 31, 2026. The program authorizes the company to repurchase up to $10 million of its common stock at any time during the period, subject to the company’s available cash and treasury holdings.
The company also disclosed that it had already completed an initial $1 million share repurchase on September 19, 2025, buying 212,432 shares at a weighted average price of $4.71 per share. This first tranche represents the beginning of the new program and demonstrates the company’s willingness to return capital to shareholders while maintaining liquidity.
Thumzup’s treasury strategy remains robust, with 19.106 BTC and approximately 7.5 million DOGE on hand. The announcement also referenced the pending acquisition of DogeHash Technologies, a dogecoin mining operation, which would further expand the company’s crypto asset portfolio. The combination of a share buyback and continued crypto accumulation signals confidence in the company’s long‑term strategy and a commitment to shareholder value.
For investors, the approval of a $10 million buyback program indicates that Thumzup has sufficient cash reserves and believes its shares are undervalued. The program provides a mechanism to return excess capital to shareholders, potentially supporting the stock price and reflecting management’s confidence in the company’s future growth prospects.
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