Trump's Son to Increase Holdings in Thumzup Holding Company, Plans to Increase Stake in Cryptocurrencies such as DOGE, LTC, SOL, XRP, ETH

BlockBeats News, September 5th, it was reported that Thumzup (TZUP), a media company owned by Donald Trump Jr., has announced in a shareholder letter that the company has invested $1 million in Bitcoin. The board of directors has also authorized additional purchases of DOGE, LTC, SOL, XRP, ETH, and USDC, among other cryptocurrencies. Furthermore, the company has been authorized to purchase 2500 DOGE mining machines, with the possibility of acquiring an additional 1000 machines in the future.

BlockBeats previously reported that on August 20th, Thumzup (TZUP) announced its acquisition of Dogehash Technologies in an all-stock deal. The company will be renamed "Dogehash Technologies Holdings, Inc." and is set to trade on the Nasdaq under the new ticker symbol "XDOG." The transaction is expected to be completed by the end of this year. Dogehash's technology partner is the mining machine manufacturer ElphaPex.