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Trump-Backed Thumzup Media Bets $2.5M on Dogecoin Mining Expansion

Trump-Backed Thumzup Media Bets $2.5M on Dogecoin Mining Expansion

Author:
tipranks
Published:
2025-10-01 15:14:20
13
3

Thumzup Media Corporation just dropped $2.5 million into expanding its Dogecoin mining operations—and yes, that's the same Thumzup linked to former President Donald Trump.

The Mining Gambit

While traditional investors chase blue chips, Thumzup's throwing serious cash at meme-coin infrastructure. The company's deploying fresh mining rigs specifically for Dogecoin, betting big on the Shiba Inu-themed cryptocurrency that Wall Street still treats like a joke.

Trump Connections Fuel Crypto Moves

This isn't just another mining operation—it's a politically-charged crypto play. With Trump-associated backing, Thumzup's move signals growing institutional interest in assets the financial establishment loves to dismiss.

Because nothing says 'serious investment' like putting millions into the coin that started as a literal joke—take that, traditional finance purists.

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This increased price for Xbox Game Pass comes roughly one month after the video game company raised prices on its Xbox consoles in the U.S.

Microsoft Stock Movement Today

Microsoft stock slipped on Wednesday as consumers reacted negatively to the price increase. This resulted in a 0.79% drop in MSFT stock. Even so, the shares were still up 22.58% year-to-date and 24.17% over the past 12 months.

Is Microsoft Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Microsoft is Strong Buy, based on 33 Buy and a single Hold rating over the past three months. With that comes an average MSFT stock price target of $627.95, representing a potential 22.03% upside for the shares.

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