Thumzup Media slumps after striking deal for Dogehash Technologies
ReutersAug 19, 2025 3:56 PM
Digital asset hoarder Thumzup Media's TZUP.O shares plunge as much as 58.8% to $3.50, their lowest since March
Stock last down 44.8% at $4.69
TZUP will buy crypto mining company Dogehash Technologies in an all-stock transaction
Dogehash shareholders will exchange 100% of their holdings for 30.7 million shares of TZUP stock
TZUP has 16.3 million outstanding shares - LSEG data
TZUP recently raised $50 million to expand its crypto strategies, a portion of which would be deployed to buy mining rigs
Combined company will be renamed "Dogehash Technologies" and trade on the Nasdaq under the new symbol "XDOG"
As of last close, TZUP stock up 147.8% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
National Debt Bomb Ignited? Musk Warns U.S. Will Be 1000% Bankrupt Without AI
TradingKey - Tesla (TSLA) CEO Elon Musk recently issued another warning regarding the rapidly ballooning U.S. national debt. He stated clearly that without artificial intelligence and robotics, the United States will inevitably head toward fiscal bankruptcy.TradingKey
5 hours ago
Tesla Stock Outlook: Competing With Rivian, Robotaxi Potential, and 2026 Prospects
There is much conversation about the prospect of investing in Tesla (TSLA) as we move closer to 2026. The volatility of its share price in 2025 is leading many investors to consider if they should purchase shares of Tesla given the alternatives available in terms of electric vehicles (Rivian, etc.).TradingKey
5 hours ago
Why Sanae Takaichi Winning Japan’s Diet Election Led to a Surge in Japanese Stock Indices？
TradingKey - Reports indicate that the ruling coalition led by Japanese Prime Minister Sanae Takaichi has secured a single-party majority in the parliamentary elections held on Sunday (February 8). Following the news, the yen weakened slightly, while the Nikkei Index surpassed 57,000 for the first tTradingKey
6 hours ago
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.TradingKey
Fri, Feb 6
