Thumzup, the first-year-old stakeholder of Trump, plans to increase its holdings in cryptocurrencies such as DOGE, LTC, SOL, XRP, ETH, etc.

According to BlockBeats, on September 5, Thumzup (TZUP) Media, which owns shares in Trump's eldest son, issued a shareholder letter saying that the company has spent $1 million to buy Bitcoin, and its board of directors has authorized to increase its holdings of cryptocurrencies such as DOGE, LTC, SOL, XRP, ETH and USDC, and authorized to buy 2,500 DOGE mining machines, and may purchase another 1,000 mining machines in the future. BlockBeats previously reported that on August 20, Thumzup (TZUP) will acquire Dogehash Technologies in an all-stock form, and the company will be renamed "Dogehash Technologies Holdings, Inc." and traded under the new stock code "XDOG" on Nasdaq. The transaction is expected to be completed by the end of this year. Dogehash's technology partner is mining machine manufacturer ElphaPex.