Thumzup Amps Up the Game: Boosts Shelf Registration to a Whopping $500M!

Hang onto your hats, crypto fans! Thumzup Media Corporation just cranked up the excitement by filing an amendment with the SEC, skyrocketing their universal shelf registration from a mere $200 million to a jaw-dropping $500 million. That's right, they're not messing around!

This move isn't just for show. Thumzup is dead serious about powering up its working capital and doubling down on its Bitcoin (BTC) reserve strategy. They're playing for keeps!

With the amended Form S-3 filing, Thumzup's got the green light to raise up to half a billion bucks over the next three years. They're pulling out all the stops, offering a mix of common stock, preferred stock, warrants, debt securities, and other instruments. It's a financial buffet!

Hold your horses though – the registration isn't effective yet, and they're not offering any securities just yet. But when they do, it's gonna be epic!

Thumzup's already in the BTC game, holding a cool 19.106 BTC, worth around $1.8 million as of May 5, 2025. And get this – their board has the guts to allocate up to 90% of their liquid assets to Bitcoin. That's some serious skin in the game!

CEO Robert Steele is all in, saying this move shows how much institutional confidence is pumping up Bitcoin, especially with those spot Bitcoin ETFs rolling out in the U.S. The future's looking bright for BTC!

$1 Million in Bitcoin

Thumzup didn't just dip its toes in the crypto pool last year – they dove right in, planning to stash up to $1 million in Bitcoin. They're betting big on BTC's finite supply and inflation-fighting powers, seeing it as the ultimate store of value and a perfect fit for their corporate treasury.

They're not alone in this wild ride. Thumzup joins a growing crew of public firms that are all about incorporating Bitcoin into their reserve management. It's a crypto revolution!

Based out of sunny Los Angeles, Thumzup runs a platform that hooks brands up with users, rewarding them for spreading the word on social media giants like Venmo and PayPal. And with this beefed-up shelf registration, they're ready to scale up operations and keep exploring those juicy digital asset strategies.

Just remember, any future cash grab under this shelf registration needs the SEC's nod and will be spelled out in a prospectus supplement when the time comes. But one thing's for sure – Thumzup is ready to rock the crypto world!