Thumzup Media Corporation, linked to the Trump family, has revealed plans to acquire Dogecoin mining equipment with expectations of significant earnings.
Plans for Dogecoin Mining Acquisition
In a shareholder letter, Thumzup Media announced it has executed agreements pending approval to acquire Dogecoin mining operations, initially planning 2,500 rigs with an additional order of 1,000.
Company Financial Forecasts
The company expects annual revenue of $22.7 million at current Dogecoin prices. If the price reaches $1, revenues could increase to $103 million annually.
Expansion of Crypto Assets and Ambitions
Thumzup's board has also authorized the holding of various crypto assets, including Litecoin, Solana, XRP, and Ether. Currently, the company holds 19.1 BTC valued at around $2.1 million.
Thumzup Media aims to position itself strongly in the cryptocurrency sector with ambitious goals in the rapidly growing Dogecoin mining market.