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Thumzup Bets Big on Crypto: XRP, SOL, ETH Treasury Move Sparks 15% Stock Surge

Thumzup Bets Big on Crypto: XRP, SOL, ETH Treasury Move Sparks 15% Stock Surge

Published:
2025-07-10 16:23:13
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Thumzup just turbocharged its treasury with a triple-shot of crypto—XRP, Solana, and Ethereum—and Wall Street responded with a 15% stock pop. Because nothing says 'modern portfolio strategy' like chasing volatility with memecoins.


The Crypto Pivot

While traditional finance dinosaurs debate ETF approvals, Thumzup’s treasury team went full degen—diversifying into three of crypto’s most liquid (and lawsuit-prone) assets. XRP brings regulatory baggage, SOL delivers speed, and ETH anchors with institutional cred. The market’s verdict? A double-digit stock bounce before lunch.


The Fine Print

No mention of allocation percentages—because transparency is for SEC filings—but the move signals aggressive crypto adoption. Meanwhile, Goldman Sachs interns everywhere are recalculating their career choices.

This is either visionary treasury management or a Hail Mary play for relevance. Either way, it’s working—for now.

Thumzup Expands Crypto Holdings

Thumzup Expands crypto Holdings, Source: X

This action is included in Thumzup’s plan to keep up to 90% of its liquid funds in cryptocurrencies. As of July 8, 2025, the company has approximately 19.106 BTC with a value of around $2.1 million.

The company believes diversifying its crypto holdings will improve financial flexibility as it expands its advertising platform. Also, the company stock, TZUP, ROSE by 15.37% today, closing at $10.96, up $1.46 from the previous session.

In a surprising twist, Donald TRUMP Jr. has bought 350,000 shares of Thumzup, valued at about $4 million. This investment came through a $6 million private placement deal organized by Dominari Securities, where his brother, Eric Trump, serves as an advisor.

Though Trump Jr. has no operational role at Thumzup, this marks yet another Trump family connection to crypto-focused companies. Eric Trump is also involved with Metaplanet, a Bitcoin treasury company.

Despite its bold crypto and adtech plans, Thumzup reported weak financial results in Q1, just $151 in revenue and a net loss of $2.2 million. The company runs a platform where users are paid to post about advertisers on social media.

Also Read: Webus Files for $300M XRP Treasury Plan with US SEC

    

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