Apart from Bitcoin (BTC), Altcoins such as Ethereum, XRP, and Solana have also begun to attract attention within the scope of their financial strategies.
At this point, many companies are adding Altcoins like ETH and XRP to their reserves, but the latest move comes from Thumzup. There, Donald Trump Jr., the son of US President Donald Trump, is also a shareholder.
In an official statement, the company announced that it would expand its Bitcoin-centric financial strategy to include Ethereum (ETH), DOGE, Litecoin (LTC), Solana (SOL), XRP and USDC.
6 more altcoins to buy besides Bitcoin!
Thumzup Media Corporation, a brand and social media marketing solutions provider registered with NASDAQ, has announced that its board has approved an expanded list of digital assets for its cryptocurrency strategy.
The company’s board expanded its previous strategy and launched a way to hold 90% of Bitcoin’s liquid assets.
Therefore, in addition to Bitcoin (BTC), the company will be able to hold Doge, LTC, SOL, XRP, ETH and USD coins (USDC) in its reserves.
Thumzup also revealed that President Donald Trump Jr., son of President Donald Trump, owns 350,000 shares in the company, worth around $4 million at its current price.
Trump Jr.’s stock in Tum’s Up is the Trump family’s latest move, investing in companies pursuing cryptocurrency financial strategies. At the beginning of March, Eric Trump joined the advisory committee of Metaplanet, a Japanese company that has followed in the footsteps of microstrategy and allocated the majority of its corporate reserves to Bitcoin.
*This is not investment advice.