Thumzup Approves $10M Buyback, Holds BTC & DOGE
Thumzup OKs $10M share repurchase plan through 2026, reveals holdings of 19,106 BTC and 7.5M DOGE.
- Thumzup approves $10M share buyback plan until Dec. 2026
- Backed by Donald Trump Jr., Thumzup expands crypto holdings
- Holds 19,106 BTC and 7.5 million DOGE as part of strategy
Trump Jr.-Backed Thumzup Plans $10M Stock Buyback
In a bold move that blends traditional finance with digital assets, Thumzup, a social media and advertising tech platform backed by Donald Trump Jr., has approved a $10 million share repurchase program set to run through December 2026.
The company aims to use the program to enhance shareholder value and signal long-term confidence in its business model. The buyback plan comes at a time when Thumzup is also making headlines for its significant crypto holdings.
Crypto Holdings Revealed: 19,106 BTC and 7.5M DOGE
In addition to the buyback news, Thumzup disclosed it currently holds 19,106 Bitcoin (BTC) and 7.5 million Dogecoin (DOGE)—a combined crypto reserve valued in the hundreds of millions of dollars at today’s prices.
This positions Thumzup as one of the few public companies with such deep exposure to crypto assets, following in the footsteps of firms like MicroStrategy. The sizable BTC and DOGE holdings indicate a strategic bet on the long-term value and utility of digital currencies.
Given Dogecoin’s status as a meme coin and Bitcoin’s role as digital gold, Thumzup appears to be balancing mainstream recognition with speculative potential.
A Hybrid Strategy: Finance Meets Crypto Marketing
Thumzup is not just investing in stock repurchases and crypto. The company’s core focus lies in building a decentralized social media advertising platform, enabling users to earn by promoting brands. Backing from Donald Trump Jr. gives it political and media visibility, which could play a role in expanding its user base and partnerships.
With its latest moves, Thumzup is shaping itself into a hybrid between a fintech firm and a Web3 marketing platform, reflecting the ongoing fusion between crypto and traditional business models.
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