LTC Gains Momentum as Thumzup Media Expands Crypto Treasury with Major Investment
In a significant development for the cryptocurrency market, Thumzup Media, a Bitcoin-heavy startup, has announced plans to diversify its crypto treasury following a $4 million investment from Donald Trump Jr. The company, which already holds $2 million in Bitcoin, will add six new digital assets to its portfolio, including Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), XRP, Ethereum (ETH), and USDC. This strategic move underscores the growing institutional interest in cryptocurrencies and highlights LTC's increasing relevance in the digital asset space. The investment, part of a larger $6 million private stock deal led by Dominari Securities, signals strong confidence in the future of blockchain technology and its applications. As of July 2025, this development is expected to further bolster the adoption and valuation of LTC and other altcoins in the competitive crypto market.
Thumzup Expands Crypto Strategy After Trump Jr.’s $4M Investment
Donald Trump Jr. has acquired 350,000 shares in Thumzup Media, a Bitcoin-heavy startup, in a deal worth approximately $4 million. The company, which holds $2 million in Bitcoin, plans to diversify its crypto treasury by adding six new digital assets: Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), XRP, ethereum (ETH), and USDC.
The investment follows a $6 million private stock deal led by Dominari Securities, where TRUMP Jr. and his brother Eric serve as advisors. Bloomberg reports the purchase was made on his financial advisor’s recommendation, with no further involvement in the company.
Thumzup’s board approved the expansion of its crypto holdings after greenlighting Bitcoin as a treasury asset in November 2024. The company filed with the SEC to raise up to $200 million via debt and equity to bolster its Bitcoin acquisitions.
Despite these moves, Thumzup reported just $151 in revenue and a $2.2 million loss in Q1 2025. Its stock dropped 14% amid the news.
Litecoin (LTC) Price Analysis: Recent Surge and Trading Insights for July 2025
Litecoin (LTC) has surged 3.44% to $90.87, fueled by bullish momentum ahead of its upcoming halving event. The cryptocurrency, long favored for its lower transaction fees and faster settlement times, is attracting renewed interest from both retail and institutional investors.
Transaction volumes have spiked as Litecoin gains traction in cross-border payments and remittances. Its recent integration into a major fintech app has further bolstered adoption, creating a virtuous cycle of demand and liquidity.
Technical indicators suggest the rally may have room to run. Historical patterns around halving events—which reduce new supply—often precede extended uptrends in crypto assets. Market participants are positioning accordingly.
BIT Mining Pivots to Solana, Shares Surge 250%
BIT Mining (BTCM) announced a strategic shift toward Solana, triggering a 250% surge in its NYSE-listed shares. The cryptocurrency miner plans to raise $200-$300 million to acquire SOL tokens, converting existing crypto holdings—including 19 BTC ($2.1 million)—into solana assets. Pre-market trading saw shares peak at $11.20, a 350% leap from Wednesday's close.
The move reflects broader industry trends as Bitcoin miners diversify post-halving. BIT Mining reported Litecoin and Dogecoin profits tripling Bitcoin yields in December. Parallel shifts include Bit Digital's full treasury conversion to ETH for staking.
Trump Jr.-Backed Firm Considers Dogecoin for Crypto Treasury Amid Market Speculation
Thumzup Media Corp., a Los Angeles-based social-media marketing firm, is expanding its cryptocurrency strategy beyond Bitcoin. The company, which holds approximately 19.106 BTC ($2.1M), is now evaluating Ethereum, Dogecoin, Litecoin, Solana, XRP, and USDC for potential inclusion in its treasury. CEO Robert Steele framed the MOVE as a balance between innovation and financial prudence.
The development gains political resonance with Donald Trump Jr.'s recent investment in Thumzup, extending the Trump family's influence in crypto markets. Market observers speculate whether this signals growing institutional interest in meme coins, particularly Dogecoin, which has maintained cultural relevance despite its speculative nature.
Ethereum remains the clear altcoin leader in this potential portfolio expansion, while stablecoin USDC offers a hedge against volatility. The board's deliberation reflects broader corporate treasury trends that increasingly view crypto assets as legitimate reserve components rather than purely speculative bets.
