The listed company Thumzup Media disclosed the purchase of 7.5 million DOGE, worth approximately 2 million USD

ChainCatcher news, according to The Block, Thumzup Media Corporation (stock code TZUP) announced on Thursday that it has purchased Dogecoin (DOGE) for the first time in the open market, acquiring approximately 7.5 million tokens at a weighted average price of $0.2665, worth about $2 million.

In addition, the company stated earlier this month that it plans to deploy 3,500 Dogecoin mining machines by the end of the year through its upcoming acquisition of the mining company Dogehash, and to strengthen its leadership team, appointing Jordan Jefferson, CEO of DogeOS and head of MyDoge, and Alex Hoffman, head of the DogeOS ecosystem, to its cryptocurrency advisory board this week.