NASDAQ listed company Thumzup plans to issue up to $200 million in securities, with funds raised for the purchase of Bitcoin

Odaily Planet Daily News: NASDAQ listed Thumzup Media Corporation has submitted a registration statement on Form S-3 to the US Securities and Exchange Commission (SEC), planning to issue up to $200 million in common stock, warrants, units, or rights. The company plans to use the raised funds for general corporate purposes, including purchasing Bitcoin as its main reserve asset and arranging daily operating capital.