Thumzup Media Corporation Plans $200 Million Stock Offering

According to PANews, on May 3, Thumzup Media Corporation, a company listed on the Nasdaq, submitted an S-3 registration statement to the U.S. Securities and Exchange Commission (SEC). The company intends to issue common stock, warrants, units, or rights with a total value of up to $200 million. The funds raised from this offering are planned to be used for general corporate purposes, including acquiring Bitcoin as a primary reserve asset and managing daily operational expenses.