Qadir AK

Qadir AK
Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Aug 14, 2025 05:01 UTC
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Donald Trump Jr.-Backed Thumzup Raises $50M for Crypto Mining Expansion

Thumzup Media Corporation, backed by Donald Trump Jr., has raised $50 million to expand its cryptocurrency mining operations and digital asset investments. The company plans to deploy capital toward advanced, energy-efficient Bitcoin mining infrastructure and diversify its crypto treasury, including Bitcoin, Ethereum, Dogecoin, and Solana. Thumzup also expanded its partnership with Coinbase, establishing a Bitcoin-backed credit facility to support growth. This strategic move positions Thumzup as a significant player in the evolving crypto market amid Bitcoin’s recent price surge.

Donald Trump Jr.-Backed Thumzup Raises $50M for Crypto Mining Expansion

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