
Jakarta, Pintu News – Thumzup Media, a Nasdaq-listed company, recently announced a $50 million deal to expand its reserves of XRP , Bitcoin , Ethereum , Solana , and other crypto assets. The company plans to use the funds to purchase crypto mining equipment and strengthen their multi-asset treasury.
This move marks Thumzup’s commitment to growing their digital asset portfolio, with plans to increase their reserve amount to $250 million. The company has even authorized up to 90% of their liquid assets to be held in cryptocurrency.

The company plans to use the proceeds from the secondary stock offering to purchase mining machines and acquire various digital assets such as XRP, BTC, ETH, SOL, and Dogecoin . By expanding its mining activities and adding to its crypto reserves, Thumzup hopes to gain a steady stream of revenue.
However, this mining project has its own risks. Increased operational costs and fluctuating crypto prices could be a challenge for Thumzup, especially if crypto prices fall sharply. Nonetheless, the company is optimistic that this expansion will bring long-term benefits.
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Thumzup chose Coinbase Prime to custody and prime broker their new crypto assets. Coinbase Prime is known as the leading platform for crypto storage and trading, and this move strengthens the relationship between the company led by the Trump family and Coinbase.
Thumzup has also entered into an agreement for a Bitcoin-based credit facility to be provided by Coinbase Prime in May 2025. This facility is expected to provide Thumzup with capital flexibility in expanding their Bitcoin reserves.

Thumzup’s move to invest heavily in crypto could have a positive impact on the cryptocurrency market, especially for XRP, which is currently one of their main focuses. Increased demand for both XRP and Bitcoin could strengthen their position in the market.
However, this expansion could also attract attention from regulators and investors. With 90% of the company’s liquidity staked on cryptocurrencies, Thumzup faces huge risks related to highly volatile market fluctuations. If the price of cryptocurrencies goes down, this could affect the company’s overall finances.
If cryptocurrency prices continue to rise and mining margins remain healthy, then Thumzup’s move could be lucrative. However, if mining operational costs increase or crypto prices suddenly drop, the company could face significant losses.
Investors interested in crypto-based investment models should be mindful of such risks. Thumzup is taking a bold step, but their long-term success depends largely on the company’s ability to manage the volatility of the crypto market and the sustainability of their mining operations.

Connecting Thumzup’s crypto expansion with Donald Trump’s family adds a political dimension to the story. With the intense media attention, this move has not only attracted attention from investors and regulators, but has also become a public conversation involving political aspects and the US government’s policy towards cryptocurrencies.
Thumzup’s actions could attract more large companies to explore crypto reserves, especially for those involved in traditional industries that are starting to transition to the digital world.
Thumzup Media ‘s $50 million deal with Coinbase to expand their XRP reserves and strengthen their crypto treasury shows the growing adoption of cryptocurrencies by major corporations.
While there is potential for huge gains, the risks are not small either. For investors, keeping up to date with this move could provide deeper insight into potential regulations and strategies that could affect the crypto market going forward.
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