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Market News

Thumzup Adds XRP, SOL, ETH to Treasury, Stock Jumps 15%

The company stock, TZUP, rose by 15.37% today, closing at $10.96, up $1.46 from the previous session.

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published July 11, 2025 1:53 AM·Updated 1 year ago
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Thumzup Adds XRP, SOL, ETH to Treasury, Stock Jumps 15%

Thumzup Media Corporation, a social media advertising and cryptocurrency asset strategy company, is announcing that it is going to start adding more cryptocurrencies to its treasury. Thumzup had only Bitcoin in its treasury so far, but it is now going to add Ethereum (ETH), Solana (SOL), Ripple’s XRP, Dogecoin (DOGE), Litecoin (LTC), and USD Coin (USDC).

Thumzup Expands Crypto Holdings
Thumzup Expands Crypto Holdings, Source: X

This action is included in Thumzup’s plan to keep up to 90% of its liquid funds in cryptocurrencies. As of July 8, 2025, the company has approximately 19.106 BTC with a value of around $2.1 million.

The company believes diversifying its crypto holdings will improve financial flexibility as it expands its advertising platform. Also, the company stock, TZUP, rose by 15.37% today, closing at $10.96, up $1.46 from the previous session.

In a surprising twist, Donald Trump Jr. has bought 350,000 shares of Thumzup, valued at about $4 million. This investment came through a $6 million private placement deal organized by Dominari Securities, where his brother, Eric Trump, serves as an advisor.

Though Trump Jr. has no operational role at Thumzup, this marks yet another Trump family connection to crypto-focused companies. Eric Trump is also involved with Metaplanet, a Bitcoin treasury company.

Despite its bold crypto and adtech plans, Thumzup reported weak financial results in Q1, just $151 in revenue and a net loss of $2.2 million. The company runs a platform where users are paid to post about advertisers on social media.

Also Read: Webus Files for $300M XRP Treasury Plan with US SEC

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Ethereum (ETH)Ripple (XRP)Solana (SOL)
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