Thumzup Media Corporation, a company holding Dogecoin and Bitcoin, has announced a plan to buy back up to $10 million worth of its stock, leading to a 6% increase in its share price. Although shares are currently priced at $4.82, down significantly from a high of $16.49 in August, the firm is optimistic about its long-term strategy. In addition to the buyback, Thumzup recently completed a $1 million buyback program, repurchasing over 200,000 shares at an average price of $4.71. The firm currently holds about $4 million in cryptocurrencies, with assets including approximately 19.1 BTC valued at $2.17 million and 7.5 million DOGE worth $1.83 million. CEO Robert Steele emphasized the commitment to shareholders and plans to continue accumulating digital assets while upgrading infrastructure to ensure sustained growth.

Source 🔗