Highlights: Thumzup is buying Dogehash to form a new Nasdaq-listed company.  Dogehash operates 2,500 mining machines and plans further expansion with renewable energy.  Thumzup raised $50M and approved $250M for crypto assets and growth. Nasdaq-listed Thumzup Media Corporation, an AdTech firm backed by Donald Trump Jr., revealed on Tuesday that it is set to acquire Dogehash Technologies, a Dogecoin mining company based in North America. Shareholders of Dogehash, which runs large-scale Dogecoin and Litecoin mining operations, will receive 30.7 million Thumzup shares as part of the agreement. After the merger is completed, the new company will be called Dogehash Technologies Holdings, Inc. and trade on Nasdaq under the ticker XDOG. $TZUP and Dogehash aim to become the world's leading #Dogecoin mining platform and will leverage Dogecoin Layer-2 infrastructure via staking in DeFi products within the DogeOS ecosystem to enhance miner economics and amplify yield beyond base block rewards. … — Thumzup Media Corporation (@thumz_up) August 19, 2025 The deal is expected to close in the fourth quarter if shareholders and regulators approve. This marks a bold step for Thumzup, which shifted its business direction less than a year ago to focus heavily on digital assets. CEO Robert Steele expressed his aim to take Thumzup beyond social media marketing. He added that the company should grow into a serious crypto firm with solid capital, mining operations, and treasury management expertise. He stated: “This accelerates our evolution from a digital‑marketing platform into a diversified digital‑asset infrastructure and treasury company. Dogehash brings world‑class mining expertise, low‑cost renewable power, and access to cutting‑edge Scrypt miners.” Dogehash Mining Operations and Expansion Dogehash runs about 2,500 Scrypt ASIC mining machines in North America to mine DOGE and LTC. The company also plans to add more machines this year and grow production further through 2026. Its main site uses renewable energy, and smaller sites are being added to increase output. After the merge, the new company expects to leverage to use DogeOS, a special system that makes mining more profitable. With this, miners won’t just earn from normal mining, but also from staking, lending, and other DeFi products. Executives believe this plan can keep mining Dogecoin profitable even when prices are low. Dogehash co-founder Jonathan Leong explained that his team already secured cheap, renewable energy. By joining Thumzup, they will also get access to big funding, which will help them grow faster than they could on their own. Dogehash CEO Parker Scott said the company is ready to benefit from Dogecoin’s growth and blockchain progress. He explained that, unlike others who only buy cryptocurrency with cash, Dogehash had built its own mining infrastructure. By operating a fleet of ASIC machines, the company earns revenue directly from mining. Scott noted this provides a steady and lasting supply of Dogecoin for long-term growth. Dogecoin is one of the most traded cryptocurrencies, known for fast transactions and low fees. Its supply keeps growing in a predictable way, similar to regular money. People widely use it for payments and trading, moving millions daily, and it remains among the top cryptocurrencies by market value. Thumzup’s Fundraising and Asset Plans The acquisition also follows Thumzup’s $50 million fundraising in July. This money was reserved to grow its crypto plans and purchase more mining machines. The board also gave approval for holding up to $250 million worth of digital assets. The assets include Ether, XRP, Solana, Litecoin, Dogecoin, Bitcoin, and USDC. Thumzup’s Board of Directors has authorized the company to hold up to $250 million in cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC. Read the press release: https://t.co/Rv5GxA2A40 $TZUP pic.twitter.com/HLg2FPL3Xa — Thumzup Media Corporation (@thumz_up) July 17, 2025 eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Highlights: Thumzup is buying Dogehash to form a new Nasdaq-listed company.  Dogehash operates 2,500 mining machines and plans further expansion with renewable energy.  Thumzup raised $50M and approved $250M for crypto assets and growth. Nasdaq-listed Thumzup Media Corporation, an AdTech firm backed by Donald Trump Jr., revealed on Tuesday that it is set to acquire Dogehash Technologies, a Dogecoin mining company based in North America. Shareholders of Dogehash, which runs large-scale Dogecoin and Litecoin mining operations, will receive 30.7 million Thumzup shares as part of the agreement. After the merger is completed, the new company will be called Dogehash Technologies Holdings, Inc. and trade on Nasdaq under the ticker XDOG. $TZUP and Dogehash aim to become the world's leading #Dogecoin mining platform and will leverage Dogecoin Layer-2 infrastructure via staking in DeFi products within the DogeOS ecosystem to enhance miner economics and amplify yield beyond base block rewards. … — Thumzup Media Corporation (@thumz_up) August 19, 2025 The deal is expected to close in the fourth quarter if shareholders and regulators approve. This marks a bold step for Thumzup, which shifted its business direction less than a year ago to focus heavily on digital assets. CEO Robert Steele expressed his aim to take Thumzup beyond social media marketing. He added that the company should grow into a serious crypto firm with solid capital, mining operations, and treasury management expertise. He stated: “This accelerates our evolution from a digital‑marketing platform into a diversified digital‑asset infrastructure and treasury company. Dogehash brings world‑class mining expertise, low‑cost renewable power, and access to cutting‑edge Scrypt miners.” Dogehash Mining Operations and Expansion Dogehash runs about 2,500 Scrypt ASIC mining machines in North America to mine DOGE and LTC. The company also plans to add more machines this year and grow production further through 2026. Its main site uses renewable energy, and smaller sites are being added to increase output. After the merge, the new company expects to leverage to use DogeOS, a special system that makes mining more profitable. With this, miners won’t just earn from normal mining, but also from staking, lending, and other DeFi products. Executives believe this plan can keep mining Dogecoin profitable even when prices are low. Dogehash co-founder Jonathan Leong explained that his team already secured cheap, renewable energy. By joining Thumzup, they will also get access to big funding, which will help them grow faster than they could on their own. Dogehash CEO Parker Scott said the company is ready to benefit from Dogecoin’s growth and blockchain progress. He explained that, unlike others who only buy cryptocurrency with cash, Dogehash had built its own mining infrastructure. By operating a fleet of ASIC machines, the company earns revenue directly from mining. Scott noted this provides a steady and lasting supply of Dogecoin for long-term growth. Dogecoin is one of the most traded cryptocurrencies, known for fast transactions and low fees. Its supply keeps growing in a predictable way, similar to regular money. People widely use it for payments and trading, moving millions daily, and it remains among the top cryptocurrencies by market value. Thumzup’s Fundraising and Asset Plans The acquisition also follows Thumzup’s $50 million fundraising in July. This money was reserved to grow its crypto plans and purchase more mining machines. The board also gave approval for holding up to $250 million worth of digital assets. The assets include Ether, XRP, Solana, Litecoin, Dogecoin, Bitcoin, and USDC. Thumzup’s Board of Directors has authorized the company to hold up to $250 million in cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC. Read the press release: https://t.co/Rv5GxA2A40 $TZUP pic.twitter.com/HLg2FPL3Xa — Thumzup Media Corporation (@thumz_up) July 17, 2025 eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Trump Jr.-Backed Thumzup to Acquire Dogecoin Mining Company

2025/08/20 16:57
Okuma süresi: 3 dk
Bu içerikle ilgili geri bildirim veya endişeleriniz için lütfen [email protected] üzerinden bizimle iletişime geçin.

Highlights:

  • Thumzup is buying Dogehash to form a new Nasdaq-listed company. 
  • Dogehash operates 2,500 mining machines and plans further expansion with renewable energy. 
  • Thumzup raised $50M and approved $250M for crypto assets and growth.

Nasdaq-listed Thumzup Media Corporation, an AdTech firm backed by Donald Trump Jr., revealed on Tuesday that it is set to acquire Dogehash Technologies, a Dogecoin mining company based in North America. Shareholders of Dogehash, which runs large-scale Dogecoin and Litecoin mining operations, will receive 30.7 million Thumzup shares as part of the agreement. After the merger is completed, the new company will be called Dogehash Technologies Holdings, Inc. and trade on Nasdaq under the ticker XDOG.

The deal is expected to close in the fourth quarter if shareholders and regulators approve. This marks a bold step for Thumzup, which shifted its business direction less than a year ago to focus heavily on digital assets. CEO Robert Steele expressed his aim to take Thumzup beyond social media marketing. He added that the company should grow into a serious crypto firm with solid capital, mining operations, and treasury management expertise.

He stated:

Dogehash Mining Operations and Expansion

Dogehash runs about 2,500 Scrypt ASIC mining machines in North America to mine DOGE and LTC. The company also plans to add more machines this year and grow production further through 2026. Its main site uses renewable energy, and smaller sites are being added to increase output. After the merge, the new company expects to leverage to use DogeOS, a special system that makes mining more profitable. With this, miners won’t just earn from normal mining, but also from staking, lending, and other DeFi products.

Executives believe this plan can keep mining Dogecoin profitable even when prices are low. Dogehash co-founder Jonathan Leong explained that his team already secured cheap, renewable energy. By joining Thumzup, they will also get access to big funding, which will help them grow faster than they could on their own.

Dogehash CEO Parker Scott said the company is ready to benefit from Dogecoin’s growth and blockchain progress. He explained that, unlike others who only buy cryptocurrency with cash, Dogehash had built its own mining infrastructure. By operating a fleet of ASIC machines, the company earns revenue directly from mining. Scott noted this provides a steady and lasting supply of Dogecoin for long-term growth.

Dogecoin is one of the most traded cryptocurrencies, known for fast transactions and low fees. Its supply keeps growing in a predictable way, similar to regular money. People widely use it for payments and trading, moving millions daily, and it remains among the top cryptocurrencies by market value.

Thumzup’s Fundraising and Asset Plans

The acquisition also follows Thumzup’s $50 million fundraising in July. This money was reserved to grow its crypto plans and purchase more mining machines. The board also gave approval for holding up to $250 million worth of digital assets. The assets include Ether, XRP, Solana, Litecoin, Dogecoin, Bitcoin, and USDC.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

Visit eToro

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Piyasa Fırsatı
Threshold Logosu
Threshold Fiyatı(T)
$0.006266
$0.006266$0.006266
-2.29%
USD
Threshold (T) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Solana co-founder urges need for Bitcoin to adopt quantum resistance for future security

Solana co-founder urges need for Bitcoin to adopt quantum resistance for future security

The post Solana co-founder urges need for Bitcoin to adopt quantum resistance for future security appeared on BitcoinEthereumNews.com. Solana co-founder Anatoly Yakovenko is urging the Bitcoin community to begin transitioning to quantum-resistant security measures, warning that advances in quantum computing may arrive faster than expected. Speaking during a Sept. 18 session at the All-In Summit, said the accelerating pace of technological breakthroughs means Bitcoin should not wait until the threat is imminent. According to him: “We should migrate Bitcoin to a quantum-resistant signature scheme. This is my bet, and it’s because so many technologies are converging right now, and this asymptotic rate of AI and how fast it’s accelerating—going from a research paper to an implementation—is astounding. So I would try to encourage folks to speed things up.” Yakovenko’s position is unsurprising, as market concerns over Bitcoin’s vulnerability to quantum-powered attacks have gained momentum following companies like Google reporting advances in the space. Considering this, he argued that these major tech firms’ adoption of quantum-resistant cryptography should signal the right time for Bitcoin to migrate its security architecture. The Solana co-founder furthered: “My key for this is Google and Apple adopting a quantum-resistant cryptographic stack. This is the time to go migrate, because now the consumer side of it is effectively solved and you don’t have to kind of wait. So you watch where Google’s going.” However, despite Yakovenko’s warnings, industry experts remain split on the technological advancements timeline as some argue that breakthroughs could occur within this decade, while others contend that the risks remain distant. Regardless of when its implementation occurs, Yakovenko stressed that the technology would be both a challenge and an opportunity. He said: “For the general public, quantum computing is such a massive unlock in terms of how much we can process that it’s going to be as big of a wealth creator, if we pull it off, as AI.” Bitcoin remains resilient…
Paylaş
BitcoinEthereumNews2025/09/19 23:06
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Paylaş
BitcoinEthereumNews2025/09/18 00:41
Golden Trump Statue Holding Bitcoin Appears Near U.S. Capitol

Golden Trump Statue Holding Bitcoin Appears Near U.S. Capitol

Golden Trump statue holding Bitcoin appears near U.S. Capitol, symbolizing crypto’s challenge to traditional finance and sparking political and cultural debate. A striking golden statue of U.S. President Donald Trump appeared outside the U.S. Capitol this week. The 12-foot figure is holding a large Bitcoin symbol in one hand. This was spotted on September 17 […] The post Golden Trump Statue Holding Bitcoin Appears Near U.S. Capitol appeared first on Live Bitcoin News.
Paylaş
LiveBitcoinNews2025/09/19 07:00