Thumzup Embraces Cryptocurrency,
Artificial Intelligence and Gig Economy Workers, Strategically
Positioning in the New Economy
Company Currently Owns 19.106
Bitcoin (BTC) and is Authorized to Hold up to 90% of
Surplus Cash in BTC
LOS
ANGELES, Jan. 30, 2025 /PRNewswire/ -- Thumzup
Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), an
emerging leader in social media branding and programmatic marketing
solutions, today announced a significant expansion of its
cryptocurrency strategy. Thumzup has begun
compensating gig economy workers in Bitcoin (BTC)
through its Associate Salesperson Program and is actively exploring
BTC integration into other facets of its business.
With 19.106 BTC already on its balance sheet, Thumzup's
Board of Directors has authorized the Company to allocate up to 90%
of its surplus cash reserves into Bitcoin, further
strengthening its position as an early mover in digital asset
adoption.
Thumzup's strategy underscores its commitment to leveraging
disruptive technologies, including artificial intelligence and
blockchain, to redefine engagement in the gig economy. By
incorporating Bitcoin into its financial ecosystem,
the Company aims to create shareholder value while providing gig
workers with an innovative payment alternative.
"Our adoption of Bitcoin payments for gig economy
workers is a bold step toward reshaping the digital marketing and
influencer economy," stated Robert
Steele, Chief Executive Officer of Thumzup Media
Corporation. "Bitcoin has the potential to transform
financial markets and coupled with Thumzup's platform, we believe
it could create significant value for our shareholders."
The Thumzup app is available for download on
the App Store and Google
Play.
About Thumzup®
Thumzup Media Corporation (Thumzup) is democratizing the
multi-billion dollar social media branding and marketing industry.
Its flagship product, the Thumzup platform, utilizes a robust
programmatic advertiser dashboard coupled with a consumer-facing
App to enable individuals to get paid cash for posting about
participating advertisers on major social media outlets through the
Thumzup App. The easy-to-use dashboard allows advertisers to
programmatically customize their campaigns. Cash payments are made
to App users/creators through PayPal and other digital payment
systems.
Thumzup was featured on CBS Los Angeles and in KTLA.
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This press release contains certain forward-looking statements
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Securities Litigation Reform Act of 1995. These include, without
limitation, statements about its potential growth, impacts on the
advertising industry, plans for potential uplisting, and planned
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"could," "believe," "anticipate," "intend," "estimate," "expect,"
"may," "continue," "predict," "potential," "project" and similar
expressions that are intended to identify forward-looking
statements. All forward-looking statements speak only as of the
date of this press release. You should not place undue reliance on
these forward-looking statements. Although we believe that our
plans, objectives, expectations and intentions reflected in or
suggested by the forward-looking statements are reasonable, we can
give no assurance that these plans, objectives, expectations or
intentions will be achieved. Forward-looking statements involve
significant risks and uncertainties (some of which are beyond our
control) and assumptions that could cause actual results to differ
materially from historical experience and present expectations or
projections. Actual results may differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in our filings with the
U.S. Securities and Exchange Commission. Except as required by law,
we undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date on which the statements
are made or to reflect the occurrence of unanticipated events.
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SOURCE Thumzup Media Corporation
