FAQ: Thumzup Media's Share Buyback Program and Crypto Business Evolution

What is Thumzup Media’s new share repurchase program?

Thumzup Media’s board approved a $10 million share repurchase program that will run through December 31, 2026, following the completion of a previous $1 million buyback program in September 2025.

Why is Thumzup implementing this share buyback program?

The $10 million share repurchase program reflects the company’s confidence in its long-term strategy and commitment to delivering value to shareholders, according to CEO Robert Steele.

How much stock has Thumzup already repurchased?

As of mid-September 2025, Thumzup had repurchased 212,432 shares for approximately $1 million at a weighted average price of $4.71 per share.

What is Thumzup Media’s core business model?

Thumzup operates a social media marketing platform with a consumer-facing app that pays users cash for posting about participating advertisers on major social media outlets through the Thumzup App.

How is Thumzup expanding beyond its advertising technology business?

The company is diversifying into digital asset accumulation and cryptocurrency mining, recently closing a $50 million public offering to fund this expansion and announcing an agreement to acquire Dogehash Technologies, a Dogecoin mining firm.

What is the Dogehash Technologies acquisition about?

Thumzup announced a definitive agreement to acquire Dogehash Technologies, a Dogecoin mining company with approximately 3,500 mining rigs and expansion capabilities.

Why is Thumzup expanding into cryptocurrency assets now?

The expansion comes as the cryptocurrency market becomes increasingly mainstream due to growing institutional participation, anticipated regulatory clarity, and investor interest in diversification and inflation hedging strategies.

How does Thumzup’s advertising platform work for users?

Through the Thumzup App, consumers get paid cash for posting about participating advertisers on major social media outlets, with payments made through PayPal and other digital payment systems.

What was the recent $50 million offering used for?

The proceeds from the $50 million all common stock offering at $10 per share are earmarked for digital asset accumulation and mining expansion.

What is Thumzup’s strategy regarding cryptocurrency regulation?

As the U.S. federal government moves toward more crypto-friendly policies and greater regulatory clarity, Thumzup aims to remain at the forefront of transformative cryptocurrency technology through portfolio diversification.