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Now a Dogecoin attack from the crypto company supported by Trump
Crypto treasury company Thumzup Media announced that it wants to fully acquire the Dogecoin mining company Dogehash. It is reported that Dogehash is also positive about the offer and that the companies have reached an agreement. According to the agreement, Dogehash shareholders will receive a total of 30.7 million Thumzup shares. After the merger, the company will be named Degohash Technologies Holdings and will trade on Nasdaq under the code XDOG.
Thumzup CEO Robert Steele stated that the merger will not only grow Dogecoin mining but also aims to build an ecosystem on top of Dogecoin's fast and low-cost payment infrastructure.
Donald Trump Jr. invested
Following Donald Trump's election as president, his sons made a quick entry into the crypto world and invested in several crypto companies. One of these companies was Thumzup. Donald Trump Jr. had acquired approximately $3.5 million worth of shares in the company in July.
They have completely turned to crypto
Founded in 2020 as a social media marketing company, Thumzup has recently shifted its strategy entirely towards crypto, as seen in many companies, by 2025.
The company recently announced that it plans to raise $50 million to acquire mining devices and expand its digital asset treasury, primarily focusing on Bitcoin.
Published: August 20, 2025 08:34