TLDR
- Thumzup buys 7.5M DOGE, fueling treasury and mining expansion.
- $2M Dogecoin buy cements Thumzup’s treasury and mining strategy.
- Thumzup enters DOGE with $2M buy and DogeHash mining expansion.
- Treasury boost: Thumzup secures 7.5M DOGE, targets mining growth.
- Thumzup doubles down on DOGE with $2M buy and mining acquisition.
Thumzup Media Corporation has acquired 7.5 million Dogecoin in an open-market transaction valued at approximately $2 million. As disclosed in a recent SEC filing, the company made this purchase at an average price of $0.2665 per token. This move marks the beginning of a structured Dogecoin treasury initiative following its August equity raise.
Thumzup is increasing its #Dogecoin ecosystem involvement!
Today, we announced an open-market acquisition of $DOGE, securing approximately 7.5 million tokens, amid the expected launch of the first Dogecoin ETFs.
Learn more about this transformative moment for the entire… pic.twitter.com/T4gP5ECJZB
— Thumzup Media Corporation (@thumz_up) September 18, 2025
The firm completed a $50 million public stock offering priced at $10 per share, with proceeds allocated to digital asset accumulation. A portion of the funds is directed toward expanding cryptocurrency reserves and purchasing high-performance Dogecoin mining hardware. This acquisition confirms Dogecoin as a priority asset in Thumzup’s crypto strategy.
Dogecoin’s role within Thumzup’s portfolio now extends beyond financial holding into infrastructure development and mining operations. The company is leveraging both internal capital and new leadership to strengthen its position in the memecoin space. Thumzup has officially entered the Dogecoin ecosystem with financial and operational intent.
Mining Operation Expansion Boosts DOGE Exposure
Thumzup plans to acquire DogeHash, a dedicated Dogecoin mining business. DogeHash operates 2,500 high-performance mining rigs and expects to add another 1,000 machines by year-end. Thumzup aims to enhance mining capacity while integrating DogeHash’s existing infrastructure.
The mining acquisition supports the broader Dogecoin treasury build-up, targeting both asset ownership and active network participation. This dual approach strengthens Thumzup’s presence in the blockchain economy and supports token liquidity. As part of the expansion, the company is also optimizing operations for long-term DOGE returns.
The hardware investment complements Thumzup’s vision for an efficient and scalable mining framework. It integrates mining outputs directly into the Dogecoin treasury structure, creating a self-reinforcing cycle of token accumulation and ecosystem contribution.
Strategic Appointments Deepen Dogecoin Expertise
Thumzup is also reinforcing its leadership with key appointments to its Crypto Advisory Board. Jordan Jefferson, CEO of DogeOS and MyDoge co-founder, joins alongside Alex Hoffman, Head of Ecosystem at DogeOS. These additions bring deep insight into Dogecoin infrastructure and decentralized tools.
Their expertise spans DOGE-specific wallets, layer-two scaling, and ecosystem development. This enhances Thumzup’s strategic direction across its treasury and mining divisions. The new board members will guide technical alignment with Dogecoin’s long-term growth trajectory.
Their involvement supports Thumzup’s aim to shape a broader DOGE-powered ecosystem. These strategic hires align with the company’s focus on utility, adoption, and DOGE network integration. With this team, Thumzup aims to cement its position in the Dogecoin economy.
Dogecoin Gains Broader Institutional Traction
Thumzup’s announcement follows a wave of Dogecoin accumulation by several corporate entities. CleanCore Solutions recently acquired $130 million worth of DOGE, moving toward its 1 billion token target. Bit Origin also confirmed plans to shift a significant portion of its treasury into Dogecoin.
Expectations rise around the REX-Osprey Dogecoin ETF, which has already been approved. DOGE has responded positively, trading near $0.27 and rising nearly 18% over the past month. Thumzup’s entry joins this growing institutional trend backing Dogecoin.
With its treasury allocation, mining acquisition, and board expansion, Thumzup reinforces its belief in Dogecoin’s value and utility. The company’s structured commitment underlines a long-term strategy focused on active participation in the growth of memecoin. Dogecoin continues to gain relevance across both speculative and operational sectors.
