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ChainCatcher news, according to documents from the SEC, Nasdaq-listed Thumzup Media Corporation has submitted an S-3 registration statement to the SEC, planning to raise up to $200 million through the issuance of common stock, preferred stock, warrants, and unit securities. The documents show that Thumzup plans to use the raised funds for general corporate purposes, including purchasing Bitcoin as a primary reserve asset and operational funding. As of March 31, 2025, the company holds approximately 19.106 Bitcoins.

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