NASDAQ
1 days, 15 hours ago 
TZUP
Thumzup Media CORP
8-K: Thumzup Media Corporation to Engage Investment Community at Coinbase Crypto Summit
Thumzup Media Corporation announced its plan to present a slide presentation to the investment community, including at Coinbase's State of Crypto Summit on June 12, 2025, as part of a Regulation FD disclosure.
NASDAQ
7 days, 9 hours ago 
TZUP
Thumzup Media CORP
Form 4: THUMZUP MEDIA Director Converts Preferred Stock to Common Shares Following Price Trigger
Joanna D. Massey, a Director at THUMZUP MEDIA Corp (TZUP), has converted 800 shares of Series B Preferred Convertible Voting Stock into 10,000 shares of common stock, triggered by the common stock price exceeding its conversion threshold.
Better than expected
 
NASDAQ
7 days, 9 hours ago 
TZUP
Thumzup Media CORP
Form 4: Thumzup Media Director's Preferred Stock Automatically Converts to Common Shares Following Price Trigger
Robert L. Haag, a Director of Thumzup Media Corp (TZUP), saw 1,000 shares of Series B Preferred Convertible Voting Stock automatically convert into 12,500 shares of common stock on May 29, 2025, due to the common stock exceeding its conversion price for 10 consecutive trading days.
Better than expected
 
NASDAQ
21 days, 10 hours ago 
TZUP
Thumzup Media CORP
10-Q: Thumzup Media Corporation Reports Q1 2025 Results, Citing Increased Operating Expenses and Bitcoin Strategy Impact
Thumzup Media Corporation's Q1 2025 results reveal a net loss attributable to common stockholders of $2.16 million, driven by increased operating expenses and strategic investments in Bitcoin.
Worse than expected
 
Capital raise
 
NASDAQ
23 days, 16 hours ago 
TZUP
Thumzup Media CORP
8-K: Thumzup Media Corporation Secures Bitcoin-Backed Credit Facility with Coinbase Prime
Thumzup Media Corporation has established a Bitcoin-backed credit facility with Coinbase Prime to enhance its capital strategy and accelerate its Bitcoin acquisition strategy.
Capital raise
 
NASDAQ
24 days, 6 hours ago 
TZUP
Thumzup Media CORP
DEF 14C: Thumzup Media Corporation Seeks Stockholder Approval for Key Corporate Actions
Thumzup Media Corporation notifies stockholders of actions approved by majority consent, including director elections, equity incentive plan, auditor ratification, executive compensation, and potential securities issuances.
Capital raise
 
NASDAQ
36 days, 10 hours ago 
TZUP
Thumzup Media CORP
10-K/A: Thumzup Media Corporation Files Amendment to 10-K, Addressing Omitted Information on Directors, Executive Pay, and Governance
Thumzup Media Corporation files an amendment to its annual report on Form 10-K to include previously omitted information regarding directors, executive compensation, and corporate governance.
NASDAQ
72 days, 15 hours ago 
TZUP
Thumzup Media CORP
8-K: Thumzup Media Corporation Announces Share Repurchase Program Update
Thumzup Media Corporation reports the repurchase of 45,000 shares on March 20 and 21, 2025, for approximately $171,700.
NASDAQ
77 days, 12 hours ago 
TZUP
Thumzup Media CORP
8-K: Thumzup Media Corporation Initiates $1 Million Share Buyback Program
Thumzup Media Corporation announces a share repurchase program of up to $1 million, demonstrating commitment to shareholder value and strategic capital deployment.
NASDAQ
78 days, 12 hours ago 
TZUP
Thumzup Media CORP
Form 4: Thumzup Media Corp CFO Increases Stake in Company
Isaac Dietrich, CFO of Thumzup Media Corp, reports purchasing additional shares of common stock.
TZUP 
Thumzup Media CORP 
NASDAQ

8-K: Thumzup Media Corporation Secures Bitcoin-Backed Credit Facility with Coinbase Prime

Sentiment:
 Current Report on Form 8-K
 13 May 2025 10:15 AM

Thumzup Media Corporation has established a Bitcoin-backed credit facility with Coinbase Prime to enhance its capital strategy and accelerate its Bitcoin acquisition strategy.

Capital raise
  Thumzup recently filed a shelf registration statement to raise up to $500 million for working capital and to accelerate its Bitcoin (BTC) acquisition strategy. 

Summary
  • Thumzup Media Corporation entered into a Master Loan Agreement (MLA) with Coinbase Credit, Inc. and Coinbase, Inc. on May 12, 2025.
  • The MLA allows Thumzup to borrow Digital Assets or Cash from Coinbase against a transfer of Collateral.
  • The terms of each Loan, including the Digital Asset or currency, quantity, Loan Fee Rate, fees, Collateral, commencement date, and term, will be agreed upon by both parties.
  • Thumzup will transfer Collateral to Coinbase with a market value at least equal to the margin percentage of the market value of the Loaned Asset.
  • Coinbase is entitled to receive all Distributions made on or in respect of the Loaned Digital Assets.
  • The MLA includes customary events of default, such as failure to transfer Loaned Assets or Collateral, insolvency events, and incorrect representations.
  • If an event of default occurs, Coinbase has the right to purchase Replacement Digital Assets, sell Collateral, freeze access to Collateral, and apply Collateral against amounts due.
  • Thumzup issued a press release on May 13, 2025, announcing its entry into the MLA.
  • As of May 12, 2025, Thumzup holds 19.106 BTC with a market value of approximately $2.0 million.
Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to the establishment of a credit facility and the company's plans to expand its Bitcoin acquisition strategy. However, the forward-looking statements and associated risks temper the overall sentiment.

Positives
  • The Bitcoin-backed credit facility provides Thumzup with access to non-dilutive capital.
  • The agreement supports Thumzup's Bitcoin acquisition strategy.
  • Thumzup believes it is optimally positioned to accelerate its BTC Acquisition Strategy and create significant shareholder value.
  • Thumzup currently utilizes Coinbase Prime as its custodian and prime broker.
Risks
  • The MLA includes customary events of default, such as failure to transfer Loaned Assets or Collateral, insolvency events, and incorrect representations.
  • The forward-looking statements in the press release involve significant risks and uncertainties that could cause actual results to differ materially from expectations.
Future Outlook

Thumzup aims to accelerate its Bitcoin acquisition strategy and create significant shareholder value through its capital management strategy.

Management Comments
  • Robert Steele, CEO of Thumzup, stated that the company is proud to expand its relationship with Coinbase through their Bitcoin-collateralized lending program.
  • Robert Steele believes that Thumzup is optimally positioned to accelerate its BTC Acquisition Strategy and create significant shareholder value.
Industry Context

The announcement highlights the increasing integration of cryptocurrency into corporate finance strategies, with companies like Thumzup leveraging Bitcoin-backed credit facilities to manage capital and acquire digital assets.

Comparison to Industry Standards
  • Other companies, such as MicroStrategy, have also adopted Bitcoin as a treasury reserve asset and utilized debt financing to acquire more Bitcoin.
  • Coinbase Prime's lending program is part of a growing trend of institutional services catering to companies seeking to manage and leverage their cryptocurrency holdings.
  • The use of Bitcoin as collateral for loans is becoming more common, reflecting the increasing acceptance of cryptocurrency as a legitimate asset class.
Stakeholder Impact
  • Shareholders may benefit from the company's access to non-dilutive capital and its Bitcoin acquisition strategy.
  • The company's relationship with Coinbase could enhance its reputation and credibility in the cryptocurrency space.
Next Steps
  • Thumzup will continue to work with Coinbase to utilize the credit facility.
  • Thumzup will accelerate its Bitcoin acquisition strategy.
  • Thumzup will monitor the market value of its BTC holdings and adjust its strategy as needed.
Key Dates
  • 2025-05-12: Thumzup Media Corporation entered into the Master Loan Agreement with Coinbase Credit, Inc. and Coinbase, Inc.
  • 2025-05-12: Thumzup currently holds 19.106 BTC with a market value of approximately $2.0 million.
  • 2025-05-13: Thumzup issued a press release announcing its entry into the MLA.
Keywords
Bitcoin, Coinbase, Credit Facility, Digital Assets, Loan, Collateral, Thumzup Media Corporation
TZUP 
Thumzup Media CORP 
NASDAQ
Sector: Communication Services
 
Filings with Classifications
Better than expected
29 May 2025 5:05 PM
Insider Transaction Report
  • The conversion was triggered because the common stock's closing price exceeded 100% of the $4.00 conversion price for 10 consecutive trading days, indicating positive stock performance for THUMZUP MEDIA Corp.
Better than expected
29 May 2025 5:05 PM
Insider Transaction Report
  • The automatic conversion was triggered because the common stock's closing price exceeded 100% of the $4.00 conversion price for 10 consecutive trading days, indicating positive stock performance that met the pre-defined threshold.
Capital raise
15 May 2025 4:40 PM
Quarterly Report
  • The company's financial statements have been prepared on a going concern basis, with substantial doubt about its ability to continue as a going concern for one year from the issuance of the financial statements.
  • The company may need to raise additional funds through equity or debt financings to meet its future requirements.
  • The company has a Master Loan Agreement with Coinbase, allowing it to borrow digital assets or cash against collateral.
Worse than expected
15 May 2025 4:40 PM
Quarterly Report
  • The company's net loss increased significantly compared to the same period last year.
  • Revenues decreased year-over-year.
  • Operating expenses increased substantially.
Capital raise
13 May 2025 10:15 AM
Current Report on Form 8-K
  • Thumzup recently filed a shelf registration statement to raise up to $500 million for working capital and to accelerate its Bitcoin (BTC) acquisition strategy.
Capital raise
12 May 2025 9:00 PM
Information Statement
  • The document includes a proposal to approve the issuance of securities in one or more non-public offerings.
  • The maximum discount at which securities will be offered will be equivalent to a discount of 20% below the market price of the common stock.
  • The aggregate number of shares issued in the offerings will not exceed 40,000,000 shares of common stock.
  • The total aggregate consideration will not exceed $200,000,000.
  • Such offerings will occur, if at all, on or before October 27, 2025.
Worse than expected
11 March 2025 5:00 PM
Annual Results
  • The company's net loss increased from 2023 to 2024.
  • The company's revenues decreased from 2023 to 2024.
Worse than expected
14 November 2024 4:05 PM
Quarterly Report
  • The company's revenue decreased significantly compared to the same periods in the previous year, indicating a worse than expected performance in revenue generation.
Capital raise
14 November 2024 4:05 PM
Quarterly Report
  • The company completed a public offering on October 30, 2024, raising approximately $8.2 million in gross proceeds.
  • Management is proposing to raise additional funds not provided by operations through loans or through sales of its common stock.
Capital raise
1 November 2024 4:15 PM
Capital Raise Announcement
  • Thumzup Media Corporation completed a public offering of 1,425,000 shares of common stock at $5.00 per share.
  • The offering was upsized from an initial target of $6,250,000 to $7,125,000.
  • The company granted underwriters a 45-day over-allotment option to purchase up to an additional 213,750 shares.
Capital raise
9 October 2024 5:27 PM
S-1 Amendment
  • The company is offering 1,250,000 shares of common stock to the public.
  • The estimated public offering price is between $5.00 and $7.00 per share.
  • The underwriter, Dawson James Securities, Inc., has a 45-day option to purchase up to 187,500 additional shares to cover over-allotments.
  • The company will issue warrants to the underwriter to purchase up to 5% of the shares sold in the offering.
Worse than expected
9 October 2024 5:27 PM
S-1 Amendment
  • The company has incurred net losses since inception and expects to continue to incur losses.
  • The company's independent registered public accounting firm's reports have raised substantial doubt as to its ability to continue as a going concern.
Capital raise
26 August 2024 5:01 PM
S-1/A Filing
  • Thumzup Media Corporation is planning an initial public offering of 1,200,000 shares of common stock.
  • The company estimates the public offering price to be between $5.00 and $7.00 per share.
  • The company plans to use the net proceeds for software development ($1.50 million), advertising ($1.25 million), salaries and operational expenses ($1.70 million), and professional services ($0.695 million).
  • Dawson James Securities, Inc. is acting as the sole book-running manager for the offering.
  • The underwriter has a 45-day option to purchase up to 180,000 additional shares to cover over-allotments.
  • The company will issue warrants to the underwriter to purchase up to 5% of the shares sold in the offering.
Worse than expected
12 August 2024 5:14 PM
S-1/A
  • The company's net losses have increased from $1,504,681 in 2022 to $3,324,180 in 2023.
  • The company's independent auditor has raised substantial doubt about its ability to continue as a going concern.
Capital raise
12 August 2024 5:14 PM
S-1/A
  • The company is offering 1,200,000 shares of common stock in an initial public offering.
  • The company has granted the underwriter a 45-day option to purchase up to 180,000 additional shares of common stock.
  • The company intends to use the net proceeds of this offering for general corporate purposes.
Capital raise
12 August 2024 4:15 PM
Quarterly Report
  • The company is proposing to raise additional funds not provided by operations through loans or through sales of its common stock.
  • The company raised approximately $805,000 from the sale of Series B preferred stock and $161,226 from the sale of common stock during the six months ended June 30, 2024.
Worse than expected
12 August 2024 4:15 PM
Quarterly Report
  • The company's revenue decreased significantly compared to the same periods in the previous year, indicating worse than expected performance.
Capital raise
30 July 2024 4:34 PM
S-1/A Amendment
  • The company is offering shares of its common stock to the public to raise capital.
  • The offering includes firm shares and an over-allotment option for the underwriters.
  • The company estimates the maximum aggregate offering price to be $8,050,000 for the common stock and $503,125 for the underwriter warrants.
Capital raise
26 July 2024 4:16 PM
S-1/A Filing
  • The company is conducting an initial public offering of 1,000,000 shares of common stock.
  • The company has granted the underwriter a 45-day option to purchase up to 150,000 additional shares.
  • The company will issue warrants to the underwriter to purchase 5% of the shares sold in the offering.
  • The company recently raised $805,000 in a Series B Preferred offering during the period March May 2024.
Worse than expected
26 July 2024 4:16 PM
S-1/A Filing
  • The company has incurred operating losses since inception and expects to continue to incur losses.
  • The company's independent registered public accounting firms reports have raised substantial doubt as to its ability to continue as a going concern.
Capital raise
11 July 2024 5:22 PM
S-1 Amendment
  • The company is conducting an initial public offering of common stock.
  • The company has granted the underwriter a 45-day option to purchase additional shares to cover over-allotments.
  • The company will issue warrants to the underwriter to purchase 5% of the shares sold in the offering.
  • The company recently raised $805,000 in a Series B Preferred offering during the period March May 2024.
Worse than expected
11 July 2024 5:22 PM
S-1 Amendment
  • The company's net loss increased from $1,504,681 in 2022 to $3,324,180 in 2023.
  • The company's independent auditor has raised substantial doubt about its ability to continue as a going concern.
Worse than expected
20 June 2024 5:25 PM
S-1/A
  • The company's net losses have increased from 2022 to 2023, indicating a worsening financial situation.
  • The company's independent registered public accounting firms reports have raised substantial doubt as to its ability to continue as a going concern.
Capital raise
20 June 2024 5:25 PM
S-1/A
  • The company is offering [_______] shares of common stock in this initial public offering.
  • The company has granted the underwriter a 45-day option to purchase up to [______] additional shares of common stock.
  • The company recently raised $805,000 in a Series B Preferred offering during the period March May 2024.
  • The company sold 424,144 shares for aggregate proceeds of $1,732,869, net offering expenses of $19,539 through a Regulation A+ offering.
Capital raise
30 May 2024 4:16 PM
S-1 Filing
  • The company is conducting an initial public offering (IPO) of common stock.
  • The company recently raised $805,000 in a Series B Preferred offering during the period March May 2024.
  • The company previously conducted an offering under Regulation A+, raising $1,732,869.
Worse than expected
30 May 2024 4:16 PM
S-1 Filing
  • The company's net loss increased from $1,504,681 in 2022 to $3,324,180 in 2023.
  • The company's operating expenses increased from $1,213,035 in 2022 to $2,521,078 in 2023.
Capital raise
14 May 2024 5:28 PM
Quarterly Report
  • The company raised approximately $161,846 from the sale of common stock during the quarter.
  • The company raised approximately $190,000 from the sale of Series B preferred stock during the quarter.
  • Management is proposing to raise additional funds not provided by operations through loans or through sales of its common stock.
Better than expected
14 May 2024 5:28 PM
Quarterly Report
  • The company's net loss decreased significantly compared to the same period last year, indicating improved financial performance.
Worse than expected
20 March 2024 5:17 PM
Annual Results
  • The company's net loss of $3,324,180 is significantly worse than the $1,504,681 loss in the previous year.
  • The company's revenue of $2,048 is worse than the $2,421 in the previous year.
  • The company's operating expenses increased significantly, indicating higher spending without a corresponding increase in revenue.
Capital raise
20 March 2024 5:17 PM
Annual Results
  • The company anticipates needing to raise additional capital through the issuance of debt or equity financings or other arrangements to fund operations.
  • The company is seeking to obtain additional capital through the issuance of debt or equity financings or other arrangements to fund operations.
  • The company is planning an underwritten offering in conjunction with a listing on a national exchange.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.