Trump-Back Thumzup to add 3,500 Doge Mining Rigs

Thumzup Media, the company listed in NASDAQ supported by Donald Trump Jr., produces a major stake in retail Favorite Dogecoin with plans to deploy 3,500 Dogecoin mining rigs by the end of the year.
The expansion is expected to come through a pending takehash, a miner dedicated to the Scrypt algorithm that ensures both Dogecoin and Litecoin.
Scrypt is specifically designed to make it costly to perform large custom hardware attacks by ordering large amounts of memory.
According to its latest shareholder letter, Thumzup plans to buy the existing 2,500-rig fleet of the Dolehash and add another 1,000 rigs before December, depending on the approval of the All-Stock Deal shareholder.
“Cryptocurrency Mining presents what could be one of the greatest opportunities for industry value creation,” says the companyProject “material” high margin income from integration.
Revenue estimates range from $ 22.7 million to current DOGE prices to over $ 100 million if the token reached $ 1. Dogecoin traded near 22 cents on Friday, which remained small in the past 24 hours.
Thumzup’s pivot in Crypto will come just months after it ranks a $ 1 million Bitcoin position for its January ark. The company has since expanded its mandate to include Dogecoin, Litecoin, Solana, XRP, Ether and USDC, with the board approved in recent weeks.
The move reflects a broader move to small companies looking to blend crypto exposure with traditional operation. As microstrategy leads heads with heavy Bitcoin balance, Thumzup’s approach depends on the variety and direct income of mining on relatively smaller tokens.
Dogecoin Mining has a history that is less profitable than Bitcoin due to the lower cost of Scrypt’s token and dynamics, but the increase in memecoin adoption has brought new interest. Pairing Litecoin and Dogecoin Mining gives operators to have output throughout the two actively exchanged properties.
If the rigs survive as expected, Thumzup would be one of Dogecoin’s largest public miners, self -positioning squarely within a segment of the market that was often removed as the speculation but increasingly embraced by retail flows.