According to Foresight News, Nasdaq-listed Thumzup Media Corporation has filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC). The company aims to issue common stock, warrants, units, or rights with a total value of up to $200 million.

Thumzup Media Corporation intends to use the proceeds from this offering for general corporate purposes. These include acquiring Bitcoin as a primary reserve asset and managing operational funds.

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