PANews reported on September 18th that, according to The Block, Thumzup Media Corporation (ticker symbol TZUP) announced Thursday its first open market purchase of Dogecoin (DOGE), purchasing approximately 7.5 million tokens at a weighted average price of $0.2665, valued at approximately $2 million. Earlier this month, Thumzup Media stated its plans to deploy 3,500 Dogecoin mining machines by the end of the year through its upcoming acquisition of mining company Dogehash. Furthermore, the company is strengthening its leadership team, appointing Jordan Jefferson, CEO of DogeOS and head of MyDoge, and Alex Hoffman, head of the DogeOS ecosystem, to its cryptocurrency advisory board this week.PANews reported on September 18th that, according to The Block, Thumzup Media Corporation (ticker symbol TZUP) announced Thursday its first open market purchase of Dogecoin (DOGE), purchasing approximately 7.5 million tokens at a weighted average price of $0.2665, valued at approximately $2 million. Earlier this month, Thumzup Media stated its plans to deploy 3,500 Dogecoin mining machines by the end of the year through its upcoming acquisition of mining company Dogehash. Furthermore, the company is strengthening its leadership team, appointing Jordan Jefferson, CEO of DogeOS and head of MyDoge, and Alex Hoffman, head of the DogeOS ecosystem, to its cryptocurrency advisory board this week.

Thumzup Media, a listed company, announced that it has purchased 7.5 million DOGE tokens, worth approximately $2 million.

2025/09/18 07:49
1 min read

PANews reported on September 18th that, according to The Block, Thumzup Media Corporation (ticker symbol TZUP) announced Thursday its first open market purchase of Dogecoin (DOGE), purchasing approximately 7.5 million tokens at a weighted average price of $0.2665, valued at approximately $2 million. Earlier this month, Thumzup Media stated its plans to deploy 3,500 Dogecoin mining machines by the end of the year through its upcoming acquisition of mining company Dogehash. Furthermore, the company is strengthening its leadership team, appointing Jordan Jefferson, CEO of DogeOS and head of MyDoge, and Alex Hoffman, head of the DogeOS ecosystem, to its cryptocurrency advisory board this week.

Market Opportunity
ALEX Lab Logo
ALEX Lab Price(ALEX)
$0.00074
$0.00074$0.00074
+1.36%
USD
ALEX Lab (ALEX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Telegram Turns DeFi With New Yield Options for BTC and ETH

Telegram Turns DeFi With New Yield Options for BTC and ETH

The post Telegram Turns DeFi With New Yield Options for BTC and ETH appeared on BitcoinEthereumNews.com. The yield feature is powered by DeFi protocols like Morpho
Share
BitcoinEthereumNews2026/02/27 05:17
Shiba Inu Price Struggles Below 26-Day EMA — Is a Breakdown or Breakout Next?

Shiba Inu Price Struggles Below 26-Day EMA — Is a Breakdown or Breakout Next?

Shiba Inu is once again testing a familiar ceiling. The 26-day exponential moving average (EMA) remains dynamic resistance, blocking what has been a fragile recovery
Share
Coinstats2026/02/27 04:39
Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut

Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut

The post Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut appeared on BitcoinEthereumNews.com. In brief Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut. Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst. The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt. Avalanche (AVAX) and Hyperliquid (HYPE) led the altcoin rally on Thursday as digital assets responded positively to the Federal Reserve’s latest rate cut and project-specific developments. AVAX rocketed 10.1% to $32.59, while HYPE jumped 7.2% to $58.43 in the past 24 hours, according to CoinGecko data.  Other major altcoins followed suit, with Dogecoin (DOGE) advancing 5.4% to $0.27, Solana (SOL) climbing 4.5% to $244 and Cardano (ADA) rising 4.3% to $0.90. (ADA) rising 4.3% to $0.90.  Bitcoin (BTC) maintained its position above $117,000 with a modest 0.3% gain, while Ethereum (ETH) posted a 2.1% increase to $4,588. The rally follows the Fed’s widely anticipated quarter-point rate cut, which lowered the federal funds rate to a range of between 4.25% to 4.50%.  Bitcoin and other major digital assets largely traded flat in the immediate aftermath, as investors had already priced in the highly anticipated Fed call. “While the Fed’s rate cut buoyed broader risk sentiment, AVAX’s outperformance seems driven by Avalanche’s announcement of a $1 billion Digital Asset Treasury plan,” Min Jung, senior analyst at quantitative trading firm Presto, told Decrypt. The Avalanche Foundation is in advanced talks to raise $1 billion via a Nasdaq-listed firm backed by Hivemind and a Dragonfly-sponsored SPAC, with proceeds earmarked for discounted AVAX buybacks, according to the Financial Times. Bitwise also filed paperwork on Monday for an AVAX ETF, utilizing Coinbase to custody the digital assets, which adds to the token’s institutional adoption prospects. Jung noted the rally could “sustain in the near term…
Share
BitcoinEthereumNews2025/09/18 18:49