The post Donald Trump Jr.-Backed Thumzup Raises $50M for Crypto Mining Expansion appeared first on Coinpedia Fintech News
Thumzup Media Corporation, backed by Donald Trump Jr., has raised $50 million to expand its cryptocurrency mining operations and digital asset investments. The company plans to deploy capital toward advanced, energy-efficient Bitcoin mining infrastructure and diversify its crypto treasury, including Bitcoin, Ethereum, Dogecoin, and Solana. Thumzup also expanded its partnership with Coinbase, establishing a Bitcoin-backed credit facility to support growth. This strategic move positions Thumzup as a significant player in the evolving crypto market amid Bitcoin’s recent price surge.