Trump Jr.’s Firm Invests $50 Million in Crypto, Fueling Expansion

Thumzup Media Corporation, a company backed by Donald Trump Jr., is making a significant move into the cryptocurrency world. A recent public offering raised $50 million to fuel its expansion. The funding will be used for large-scale Bitcoin mining and bolstering the firm’s crypto reserves. This timing coincides with Bitcoin hitting a new record high above $124,000, drawing interest from investors seeking to capitalize on this surge. Trump Jr., who holds a substantial stake in Thumzup (350,000 shares), personally aligns his investments with the firm’s crypto ambitions.