Thumzup Media Ditches Ads for Crypto-No, Really, It’s Happening!

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Ah, Thumzup Media-remember them? The company that made its name by paying people to hawk products on social media. They’ve decided it’s time for a change. They’ve had a little epiphany and now they’re looking to become the latest crypto sensation. Yes, folks, that’s right. The company that once made you think “I really need to endorse this blender on my Instagram” is now looking at digital coins, mining them like they’re going out of style. And they’re backing it up with a juicy acquisition: DogeHash Technologies, a company that mines Dogecoin. 🐕💰

Now, let’s not get too sentimental about the good old days of influencer ads, because Thumzup isn’t just dipping its toes into crypto. Oh no, they’re diving in headfirst, complete with a letter to shareholders that reads like it’s been written by someone who spent too much time in the blockchain rabbit hole. They even threw in the name “DogeHash” just to really hit home that they’re serious. Because nothing says “we’re here to stay” like a name that references a meme coin.

Thumzup CEO @stlrbrt sent out a letter talking about how the company is pivoting (because pivoting is the new word for “we had no idea what we were doing before”) to become the next big crypto player, supported by the acquisition of DogeHash Technologies, a mining company that’s almost as obsessed with Dogecoin as you are with your online shopping cart.

“Learn more about this strategic move to crypto,” they said, as if you weren’t already planning to check it out.

– Thumzup Media Corporation (@thumz_up) September 4, 2025

Now, here’s the kicker: In January, Thumzup dropped a cool $1 million on Bitcoin just for fun. Later, they threw another million at it like they were buying a latte at Starbucks. But they didn’t stop there-oh no, they raised $6.5 million in June at a modest $6 per share. In August, they managed to wrangle $50 million more from strategic investors (who apparently aren’t afraid of the wild world of cryptocurrency) and bumped their share price up to $10. All of this, they claim, will help fund their crypto mining dream. The thing is, though, no one’s entirely sure if this will turn out like a gold rush or more like a goldfish in a pond. Time will tell. ⏳

Dogecoin Mining: The New Gold Rush?

Speaking of mining, Thumzup has signed a deal to buy DogeHash. And what does DogeHash do, you ask? It’s a company that currently runs 2,500 Dogecoin mining rigs and has 1,000 more on the way. So, yes, Thumzup is betting the farm on Dogecoin. How much can they make? According to their calculations (and let’s be real, it’s mostly a “let’s throw numbers at the wall” situation), 3,500 machines could generate between $22.7 million and $103 million annually. That’s a pretty wide range, folks. But hey, the potential is there-if Dogecoin skyrockets and the crypto world doesn’t implode first. 💸

Now, we’ve all heard about the multi-billion-dollar cryptocurrency mining market, which is set to grow from $10.5 billion in 2024 to $22.6 billion by 2035. Sounds great, doesn’t it? Thumzup is staking its claim in this rapidly expanding market, hoping to be one of the few public players in the Dogecoin mining game. Will they succeed, or will they be left holding a bag of digital coins that never quite hit the moon? Only time-and the price of Dogecoin-will tell.

The Wide World of Crypto

But wait, there’s more! Thumzup isn’t just sticking with Dogecoin. They’ve expanded their portfolio to include a veritable treasure chest of digital assets: Bitcoin, Dogecoin (of course), Litecoin, Solana, Ripple, Ethereum, and even USDC. It’s like they’re collecting them like they’re Pokémon cards, except no one knows if any of them will actually be worth anything in the future. They’ve also secured a Bitcoin-backed credit facility with Coinbase Prime, which means they can keep their digital assets nice and safe-or at least as safe as one can be in the wild west of crypto. 🛡️

Meanwhile, Back in Advertising

Oh, and don’t worry, their ad tech business isn’t completely dead. They’re still paying influencers to do their thing. By August, they’d cleared 34,000 paid social media posts and crossed the 1,000-advertiser mark. The company is even considering adding tiered services and analytics tools to the mix, probably so they can tell you how much you should pay for your next selfie post. But at least they’re trying to diversify. You know, just in case the Dogecoin mining thing doesn’t pan out. 😅

In conclusion, Thumzup is doing what any rational company would do: ditching ads to chase the next big thing in crypto. It’s bold, it’s risky, and it might just work. Or, you know, it might not. But at least it’s interesting, right?

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2025-09-05 13:26