Thumzup’s Bold Move: $200M Shelf Registration Filed as Company Plans to Hold 90% of Assets
May 5, 2025
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Thumzup Media Corporation (NASDAQ: TZUP) has filed a $200 million universal shelf registration statement on Form S-3 with the SEC. The company currently holds 19.106 BTC (worth approximately $1.8 million as of May 4, 2025) and has received board approval to allocate up to 90% of its liquid assets to Bitcoin as part of its BTC reserve strategy.
Once effective, the shelf registration will allow Thumzup to raise capital through various securities offerings over three years, including common stock, preferred stock, warrants, debt securities, and purchase contracts. The funds will be used for additional working capital and Bitcoin acquisition. No securities are currently being sold under this registration statement.
Thumzup Media Corporation (NASDAQ: TZUP) ha presentato una dichiarazione di registrazione universale da 200 milioni di dollari tramite il modulo S-3 presso la SEC. La società detiene attualmente 19.106 BTC (valore approssimativo di 1,8 milioni di dollari al 4 maggio 2025) e ha ottenuto l’approvazione del consiglio per destinare fino al 90% delle sue attività liquide a Bitcoin, come parte della sua strategia di riserva in BTC.
Una volta efficace, la registrazione consentirà a Thumzup di raccogliere capitali attraverso varie offerte di titoli per un periodo di tre anni, inclusi azioni ordinarie, azioni privilegiate, warrant, titoli di debito e contratti di acquisto. I fondi saranno utilizzati per incrementare il capitale operativo e per l’acquisto di Bitcoin. Attualmente, non sono in corso vendite di titoli sotto questa dichiarazione di registrazione.
Thumzup Media Corporation (NASDAQ: TZUP) ha presentado una declaración de registro universal por 200 millones de dólares en el Formulario S-3 ante la SEC. La compañía posee actualmente 19.106 BTC (valor aproximado de 1,8 millones de dólares al 4 de mayo de 2025) y ha recibido la aprobación de la junta para asignar hasta el 90% de sus activos líquidos a Bitcoin como parte de su estrategia de reserva en BTC.
Una vez que sea efectiva, la declaración de registro permitirá a Thumzup recaudar capital mediante diversas ofertas de valores durante tres años, incluyendo acciones ordinarias, acciones preferentes, warrants, valores de deuda y contratos de compra. Los fondos se utilizarán para capital de trabajo adicional y adquisición de Bitcoin. Actualmente, no se están vendiendo valores bajo esta declaración de registro.
Thumzup Media Corporation (NASDAQ: TZUP)는 SEC에 Form S-3을 통해 2억 달러 규모의 범용 등록 명세서를 제출했습니다. 회사는 현재 19,106 BTC를 보유하고 있으며(2025년 5월 4일 기준 약 180만 달러 상당), 이사회 승인을 받아 유동 자산의 최대 90%를 비트코인에 할당하는 BTC 준비 전략을 추진하고 있습니다.
등록 명세서가 효력을 발휘하면, Thumzup은 향후 3년간 보통주, 우선주, 워런트, 채무 증권, 구매 계약 등 다양한 증권 발행을 통해 자본을 조달할 수 있습니다. 자금은 추가 운전자본 및 비트코인 매입에 사용될 예정입니다. 현재 이 등록 명세서 하에 증권 판매는 이루어지고 있지 않습니다.
Thumzup Media Corporation (NASDAQ : TZUP) a déposé une déclaration d’enregistrement universelle de 200 millions de dollars via le formulaire S-3 auprès de la SEC. La société détient actuellement 19 106 BTC (d’une valeur d’environ 1,8 million de dollars au 4 mai 2025) et a reçu l’approbation du conseil d’administration pour allouer jusqu’à 90 % de ses actifs liquides en Bitcoin dans le cadre de sa stratégie de réserve en BTC.
Une fois effective, cette déclaration d’enregistrement permettra à Thumzup de lever des fonds par le biais de diverses offres de titres sur une période de trois ans, incluant actions ordinaires, actions privilégiées, bons de souscription, titres de créance et contrats d’achat. Les fonds serviront à augmenter le fonds de roulement et à acquérir des Bitcoins. Aucun titre n’est actuellement vendu dans le cadre de cette déclaration d’enregistrement.
Thumzup Media Corporation (NASDAQ: TZUP) hat eine universelle Registrierungsanzeige über 200 Millionen US-Dollar mittels Formular S-3 bei der SEC eingereicht. Das Unternehmen hält derzeit 19.106 BTC (Stand 4. Mai 2025, ca. 1,8 Millionen US-Dollar) und hat die Zustimmung des Vorstands erhalten, bis zu 90 % seiner liquiden Mittel im Rahmen seiner BTC-Reserve-Strategie in Bitcoin zu investieren.
Nach Wirksamwerden der Registrierung kann Thumzup innerhalb von drei Jahren Kapital durch verschiedene Wertpapierangebote aufnehmen, darunter Stammaktien, Vorzugsaktien, Optionsscheine, Schuldverschreibungen und Kaufverträge. Die Mittel sollen für zusätzliches Betriebskapital und den Erwerb von Bitcoin verwendet werden. Derzeit werden unter dieser Registrierung keine Wertpapiere verkauft.
Positive
- Board approval to allocate up to 90% of liquid assets to Bitcoin shows strong commitment to crypto strategy
- Current Bitcoin holdings of 19.106 BTC valued at approximately $1.8 million
- $200 million shelf registration provides significant financial flexibility for future growth
Negative
- High 90% allocation to Bitcoin represents significant concentration risk
- Future securities offerings may lead to shareholder dilution
- Strategy heavily dependent on Bitcoin price volatility
Insights
Thumzup’s $200M shelf registration creates significant fundraising flexibility while its 90% Bitcoin treasury strategy transforms its risk profile.
Thumzup’s $200 million shelf registration represents a strategic financial maneuver that significantly enhances capital-raising flexibility. This S-3 filing, once approved by the SEC, would establish a three-year window for the company to issue various securities including common stock, preferred stock, warrants, and debt instruments without separate regulatory reviews for each offering.
The registration doesn’t commit Thumzup to immediate capital raises but creates an efficient pathway for potential fundraising. The $200 million ceiling is substantial compared to the company’s current $1.8 million Bitcoin holdings, suggesting preparation for significant expansion or cryptocurrency acquisition.
Most notably, the board’s authorization to allocate up to 90% of liquid assets to Bitcoin represents an exceptionally aggressive treasury management approach. This threshold far exceeds typical corporate treasury diversification parameters, fundamentally altering the company’s risk profile and potentially transforming it into a hybrid investment combining operating business exposure with substantial cryptocurrency allocation.
For investors, this registration signals two important developments: potential future dilution if equity instruments are utilized, and management’s strategic commitment to establishing both operational flexibility and cryptocurrency exposure. The combined approach creates a unique financial positioning that balances conventional capital market access with an unconventional treasury strategy.
Thumzup’s authorized 90% Bitcoin allocation is exceptionally aggressive for corporate treasury management, fundamentally changing its investment profile.
Thumzup’s Bitcoin treasury strategy represents one of the most aggressive approaches to corporate cryptocurrency adoption we’ve seen. With current holdings of 19.106 BTC valued at approximately $1.8 million, the company has established an initial position, but the board’s authorization to hold up to 90% of liquid assets in Bitcoin signals extraordinary conviction in cryptocurrency as a treasury reserve asset.
This 90% allocation ceiling is particularly notable as it dramatically exceeds typical corporate treasury diversification parameters. Even among Bitcoin-friendly companies like MicroStrategy or Block, we generally see more moderate approaches to balance sheet exposure. This strategy fundamentally transforms Thumzup’s financial risk profile by creating direct exposure to Bitcoin’s price volatility.
The $200 million shelf registration provides the mechanism to potentially build a significant Bitcoin position. If fully utilized for cryptocurrency acquisition, it would position Thumzup as a more substantial institutional holder. For shareholders, this effectively creates a partial Bitcoin proxy investment where returns may be increasingly correlated with cryptocurrency market movements alongside core business performance.
This approach creates a distinctive market positioning where Thumzup becomes neither a pure operational business nor a pure Bitcoin investment vehicle, but rather a hybrid entity with characteristics of both. Investors should recognize this strategic shift fundamentally changes the company’s risk-return profile compared to traditional companies in its sector.
Thumzup Currently Holds 19.106 BTC with a Market Value of Approximately $1.8 Million as of May 4, 2025
The Company’s Board of Directors has Authorized Thumzup to Hold Up to 90% of its Liquid Assets in Bitcoin Under its BTC Reserve Strategy
LOS ANGELES, May 5, 2025 /PRNewswire/ — Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), an emerging leader in social media branding and programmatic marketing solutions, today announced that it has filed a “universal shelf” registration statement on Form S-3 with the Securities and Exchange Commission (the “SEC”).
Once effective, the registration statement would allow Thumzup to raise up to an aggregate of $200,000,000 for additional working capital and to acquire additional Bitcoin (“BTC”).
The Company has Board approval to implement a Bitcoin (“BTC”) acquisition strategy, pursuant to which it may allocate up to 90% of its liquid assets to BTC. Under the terms of the offering, the Company would have the ability to raise capital in one or more offerings over the three years after the registration statement is declared effective by the SEC. These capital raises could include common stock, preferred stock (including in the form of depositary shares), warrants, debt securities (including convertible debt), purchase contracts, and/or units (which are typically a combination of two or more types of securities (global securities)).
If the Company chooses to raise capital in a future offering using the shelf registration statement, Thumzup will describe the specific details of that future offering in a prospectus supplement that is filed with the SEC. Currently, no securities are being sold under the shelf registration statement. Thumzup believes that a shelf registration on Form S-3 will provide greater flexibility to raise capital in the future.
The registration statement on Form S-3 has been filed with the SEC but is not yet effective. These securities may not be sold nor may offers to purchase be accepted under the Form S-3 registration statement prior to the time the Form S-3 registration statement becomes effective. This press release shall not constitute an offer to sell nor the solicitation of an offer to purchase the securities that are proposed to be registered on the Form S-3, nor shall there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state. Any offer of securities will occur solely by means of the prospectus included in the registration statement and one or more prospectus supplements that would be issued at the time of the offering.
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.
Legal Disclaimer
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its Registration Statement on Form S-3, potential capital raises, and purchases of additional Bitcoin. These statements are identified by the use of the words “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
FAQ
What is the size of Thumzup’s (TZUP) shelf registration filing in May 2025?
Thumzup Media Corporation filed a $200 million universal shelf registration statement on Form S-3 with the SEC.
How much Bitcoin does Thumzup (TZUP) currently hold in May 2025?
Thumzup holds 19.106 BTC with a market value of approximately $1.8 million as of May 4, 2025.
What percentage of liquid assets can Thumzup (TZUP) allocate to Bitcoin?
Thumzup’s Board has authorized the company to hold up to 90% of its liquid assets in Bitcoin under its BTC reserve strategy.
What types of securities can Thumzup (TZUP) offer under the shelf registration?
The shelf registration allows Thumzup to offer common stock, preferred stock, warrants, debt securities, convertible debt, purchase contracts, and units over a three-year period.
What will Thumzup (TZUP) use the shelf registration proceeds for?
The proceeds will be used for additional working capital and to acquire additional Bitcoin (BTC).
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