Thumzup Media Corporation announced it has expanded its capital strategy by establishing a Bitcoin (BTC) backed credit facility with Coinbase Prime. This facility provides access to non-dilutive capital, supporting the company's financial flexibility.
This development aligns with Thumzup's strategy to accelerate its Bitcoin acquisition, which permits the company to hold up to 90% of its liquid assets in BTC. As of May 12, 2025, Thumzup currently holds 19.106 BTC, with a market value of approximately $2.0 million.
CEO Robert Steele stated that expanding the relationship with Coinbase through their Bitcoin-collateralized lending program is part of a broader strategic approach to capital management. This positions Thumzup to accelerate its BTC Acquisition Strategy and create shareholder value.
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