Thumzup Media Corporation announced it will acquire Dogehash Technologies, Inc., a blockchain infrastructure company focused on mining Scrypt-algorithm assets like Dogecoin and Litecoin, in an all-stock transaction. Dogehash shareholders will exchange 100% of their holdings for 30.7 million shares of Thumzup stock.
The combined company is expected to be renamed 'Dogehash Technologies Holdings, Inc.' and trade on the Nasdaq Stock Market under the new symbol 'XDOG'. This acquisition accelerates Thumzup's evolution from a digital-marketing platform into a diversified digital-asset infrastructure and treasury company.
DogeHash currently operates approximately 2,500 Scrypt ASIC miners in North America, with additional units expected later this year to materially increase production. The closing of the transaction is subject to customary terms and conditions, including shareholder approval, expected in the fourth quarter of 2025.
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