Trump family expands crypto bets as thumzup pivots in dogcoin mining

Thumzup Media Corp. (Tzup)counting Donald Trump Jr.
Under the agreement, musehash shareholders will receive 30.7 million shares of Thumzup, According to a release of TuesdayTransaction appreciation at $ 153.8 million, based on the price of sharing closure. The combined company will rebrand as Dogehash Technologies Holdings, Inc. and list at NASDAQ under the ticker XDOG, pending the shareholder approved this year.
DogeHash runs about 2,500 Scrypt Asic Miners across renewable-powered data center in North America, with plans to measure in 2026. Unlike companies that pad their sheets of balance simply by buying coins, Dogehash invested in its own infrastructure, giving it a direct exposure to Dogecoin
and Litecoin Block rewards at a lower cost base.
The deal came to the heel of $ 50 million offered Thumzup stock in July, which marked for expanding mining and accumulation of digital assets. The company said it would also use Dogecoin’s Dogeos Layer 2 to stake in Defi products, aimed at boosting miners’ returns beyond the usual rewards.
This new deal increases with the expansion of the Trump family’s Crypto Empire. Eric Trump and Donald Jr. launched American Bitcoin earlier this year with Hut 8, with over 60,000 miners.
Meanwhile, World Liberty Financial, another Venture supported by Trump, struck the $ 1.5 billion deal with the NASDAQ listed listed in Alt5 Sigma To injection the WLFI token in the company of the company.
Thumzup stock fell 41% up to $ 5.01 on Tuesday.