Thumzup submits S-3 registration statement, intending to issue up to $200 million in securities and purchase Bitcoin

BlockBeats News: On May 3rd, Thumzup Media Corporation, a Nasdaq listed company, 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.