Donald Trump Jr.-Backed Thumzup Raises $50M for Crypto Mining Expansion
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Thumzup Media Corporation, backed by Donald Trump Jr., has raised $50 million to expand its cryptocurrency mining operations and digital asset investments. The company plans to deploy capital toward advanced, energy-efficient Bitcoin mining infrastructure and diversify its crypto treasury, including Bitcoin, Ethereum, Dogecoin, and Solana. Thumzup also expanded its partnership with Coinbase, establishing a Bitcoin-backed credit facility to support growth. This strategic move positions Thumzup as a significant player in the evolving crypto market amid Bitcoin’s recent price surge.
Coinpedia Digest: This Week’s Crypto News Highlights | 16th August, 2025
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SharpLink Gaming Boosts ETH Holdings to 728,804, Posts $103M Q2 Loss
The post SharpLink Gaming Boosts ETH Holdings to 728,804, Posts $103M Q2 Loss appeared first on Coin...
Full List of XRP Spot ETFs Filings, Deadlines, and What’s Next
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