Trump-Linked ThumzUp Media Plans $2.5M Dogecoin Mining Expansion

Thumzup Media Corporation, linked to the Trump family and with Donald Trump Jr. holding a significant stake, has invested $2.5 million in DogeHash Technologies to expand its Dogecoin mining capacity. This investment will enable DogeHash to deploy over 500 new ASIC miners, increasing its fleet to more than 4,000 units by the end of 2025, enhancing competitiveness amid rising mining difficulty. The move aligns with Thumzup's broader strategy to strengthen its position in digital assets and cryptocurrency mining, as it plans to acquire DogeHash. Thumzup also aims to diversify its digital currency reserves beyond Bitcoin, reflecting growing institutional interest in cryptocurrencies like Dogecoin. Despite Dogecoin's price volatility and trading at a significant discount to its all-time high, analysts remain optimistic about its future prospects. This expansion marks a significant step for Thumzup to become a major player in crypto infrastructure and institutional Dogecoin adoption.