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Finance

Thumzup Media Corporation

09/17/2025 | Press release | Distributed by Public on 09/17/2025 15:08

Material Event (Form 8-K)

Item 8.01. Other Events

On September 17, 2025, Thumzup Media Corporation (the "Company") announced its inaugural open-market acquisition of Dogecoin ("Dogecoin" or "DOGE"), securing approximately 7.5 million tokens valued at roughly $2 million, at a weighted average price of $0.2665.

The Company is increasing its Dogecoin ecosystem involvement through its proposed acquisition of DogeHash, a Dogecoin mining operation boasting 2,500 advanced mining rigs, with an additional 1,000 units on order, which are currently expected to be installed later this year. This expansion follows the Company's offering of $50 million of common stock in August 2025, priced at $10.00 per share, which such proceeds were earmarked for cryptocurrency accumulation and the procurement of high-performance DOGE mining rigs.

The Company is currently also strengthening its leadership team, highlighted by the recent appointments of DogeOS CEO and MyDoge Leader Jordan Jefferson and Alex Hoffman, Head of Ecosystem at DogeOS, to its Crypto Advisory Board.

Thumzup Media Corporation published this content on September 17, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 17, 2025 at 21:09 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]