The board of directors of US-listed company Thumzup has approved an investment of $250,000,000 to purchase cryptocurrencies such as BTC and ETH.

Nasdaq-listed Thumzup Media Corporation announced that its board of directors has approved the authorization for the company to invest $250.0 million to purchase cryptocurrencies. The cryptocurrencies planned for investment at this stage include: $BTC, $ETH, $SOL, $XRP, $DOGE, $LTC, and $USDC, with the aim of diversifying its cryptocurrency investment portfolio. Thumzu previously disclosed that Donald Trump Jr., son of U.S. President Donald Trump, holds 350,000 shares of the company. [ChainCatcher]