Thumzup Increases Capital Raising Capacity to $500 Million, Eyes Bitcoin Reserve Growth

Thumzup Media Corporation has increased the potential funding available through its universal shelf registration with the SEC, now up to $500 million from the original $200 million. The expanded capacity allows Thumzup to support working capital needs and further develop its Bitcoin reserve strategy. 19.106 BTC currently comprise their Bitcoin holdings, valued at approximately $1.8 million as of May 5th, 2025, in line with the company’s board-approved 90% allocation to Bitcoin for its treasury strategy. The move reflects growing institutional confidence in Bitcoin and the recent launch of spot Bitcoin ETFs within the US market.