Donald Trump Jr-Backed Thumzup Media Approves $250M In Bitcoin, Ethereum, XRP, SOL, Dogecoin Treasury Purchases
Posted On July 18, 2025
Thumzup Media Corporation (NASDAQ:TZUP), a digital adtech company backed by Donald Trump Jr., has received board approval to allocate up to $250 million into cryptocurrencies.
What Happened: The board authorization allows Thumzup to hold a diversified portfolio including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Ripple (CRYPTO: XRP), Dogecoin (CRYPTO: DOGE), Litecoin (CRYPTO: LTC), and USDC (CRYPTO: USDC).
The announcement reflects a growing trend of Trump-aligned businesses embracing digital assets as part of broader treasury strategies.
Thumzup CEO Robert Steele said the decision comes amid a …
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