Thumzup Media plans to acquire a total of 3,500 Dogecoin mining rigs from DogeHash, pending shareholder approval. This setup is expected to support significant revenue generation.
If Dogecoin’s price reaches 1 USD, Thumzup anticipates annual revenue of approximately 103 million USD. At current prices, revenue could be around 22.7 million USD.
The company’s stock (TZUP) experienced a 5.3% increase even amid substantial declines since August, as Thumzup shifts toward cryptocurrency initiatives.
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