PANews reported on January 8 that according to Businesswire, Thumzup Media Corporation (Nasdaq: TZUP), a US listed company, announced that it had purchased 9.783 bitcoins for approximately $1 million, with an average price of $102,220 per bitcoin. The Coinbase Prime platform serves as a custodian, providing self-custodial wallet services for Thumzup's BTC. The announcement stated that the company's management is requesting authorization from the board of directors to hold up to 90% of liquid assets in the form of Bitcoin in order to continue to purchase Bitcoin, which is part of its fiscal asset strategy announced on November 15, 2024. Thumzup expects to begin paying wages to gig economy workers in BTC in the coming weeks and comply with all applicable laws and regulations.