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Thumzup Invests $1M In Bitcoin As A Treasury Asset

Tags: media
DATE POSTED:November 15, 2024
 Is Altcoin Season Here or Still a Long Way Off?

The post Thumzup Invests $1M In Bitcoin As A Treasury Asset appeared first on Coinpedia Fintech News

Thumzup Media Corporation has announced the approval of a $1 million Bitcoin purchase, which marks a key development in its financial strategy.  CEO of Thumzup Media Corporation, explained that as demand for BTC increases and it gains recognition as a leading asset class, it will serve as a robust reserve asset for their treasury. He also highlighted the influence of recent developments, like the BTC ETFs and growing institutional interest, as factors that enhance Bitcoin’s reliability as a financial asset.

Tags: media