Thumzup Media Invests $2M in Dogecoin Amid U.S. DOGE ETF Launch

2025-09-22 13:40

Thumzup Media has made a significant investment in Dogecoin, purchasing $2 million worth of the cryptocurrency, totaling 7.5 million DOGE at an average price of $0.2665. The company is also set to expand its mining operations by deploying 3,500 mining rigs by the end of the year, following its planned acquisition of Dogehash, which currently operates 2,500 rigs. This move coincides with the launch of the first U.S.-listed Dogecoin spot ETF, the REX-Osprey DOGE ETF, which has sparked increased institutional interest. Market analysts are observing a potential price breakout for Dogecoin, with projections ranging from $0.45 to $0.60, driven by heightened trading volumes and favorable technical indicators.

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