Breaking News: Donald Trump Jr. Dives into Bitcoin with Major Investment in Thumzup Media Corp!

Hold onto your hats, crypto fans! Donald Trump Jr. just made a splash in the world of digital currency by investing in Thumzup Media Corp., a social media company that's all about that Bitcoin life!

Bloomberg dropped the bomb that Trump Jr. snagged a cool 350,000 shares of this LA-based outfit, clocking in at over $4 million when he pulled the trigger. Talk about a big bet on Bitcoin!

Now, don't get it twisted—Trump Jr. got the tip from his investment guru and isn't actually rolling up his sleeves at Thumzup. But still, this is a major move in the crypto space.

The timing? Right after a $6 million private placement of convertible preferred stock, orchestrated by Dominari Securities. And guess what? Both Don Jr. and his bro Eric are advisers to Dominari's parent company. It's like a Trump crypto family reunion!

Thumzup's got this app that pays you to shout out products on Instagram and other platforms. But here's the kicker: they've been bleeding cash. In Q1 of 2025, they posted a whopping $2.2 million loss on a measly $151 in revenue. Ouch!

Despite the financial hiccups, everyone's buzzing about Thumzup's Bitcoin strategy. They're not just dipping their toes; they're diving in headfirst!

Back in November 2024, Thumzup's board said, "Let's buy up to $1 million in BTC!" They wanted to mix things up in their corporate piggy bank when everyone else was going gaga over Bitcoin ETFs.

By January 2025, they weren't messing around anymore. They upped their Bitcoin stash to 19.106 BTC, worth about $2 million at the time, and said, "Let's throw up to 90% of our extra cash into Bitcoin!" Plus, they're even paying some of their sales folks in Bitcoin. That's what I call commitment!

Thumzup's also been busy filing with the SEC to raise up to $500 million over the next three years. And you know what? Some of that cash is going straight into their Bitcoin vault.

The registration's not live yet, but the writing's on the wall: Thumzup is all in on Bitcoin.

The Trumps and Crypto: A Family Affair

This isn't the Trumps' first rodeo in the crypto world. Eric Trump just hopped on the advisory board of Metaplanet, a Japanese company that's holding Bitcoin like it's going out of style.

And let's not forget about Trump Media & Technology Group, the brains behind Truth Social. They raised a jaw-dropping $2.3 billion and are ready to pour some of it into Bitcoin.

Plus, the Trumps launched World Liberty Financial, a stablecoin venture that's already raked in over $100 million from a UAE fund and is making bank with tens of millions in revenue. The Trump family is making crypto moves left and right!