Thumzup Aims to Become North America’s Dogecoin Mining Leader

Donald Trump Jr.-backed Thumzup Media Corporation (Nasdaq: TZUP) has outlined a sweeping strategic shift into crypto, positioning itself to become one of North America’s largest dogecoin (DOGE) miners.

Following its $2 million bitcoin purchase in January 2025, the company has recently closed a $50 million all-common stock offering, fueling expansion into mining infrastructure and digital asset accumulation. Central to this pivot is the pending acquisition of Dogehash Technologies, which operates 2,500 active mining rigs with another 1,000 machines on order.

The company has since authorized holding additional assets, including DOGE, ETH, SOL, LTC, XRP, and USDC, while expanding its partnership with Coinbase Prime for custody and financing solutions.

CEO Robert Steele framed the pivot as a chance to seize leadership in the $10.5 billion crypto mining market, projected to more than double by 2035. “We are charging toward a future defined by innovation, scalability, and market leadership,” Steele wrote in the shareholder letter.

With cash on hand, a Nasdaq listing, and growing institutional backing, Thumzup is betting that DOGE mining, combined with a diversified crypto treasury, could transform it into the next billion-dollar player in digital assets.

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