BUZZ-Thumzup Media plunges after $50 million stock sale** Digital asset hoarder Thumzup Media's TZUP.O shares slump 33.2% to $10.32
** TZUP announces pricing of $50 million stock offering at $10 apiece, a 35.3% discount to the last close
** Proceeds will be used to accumulate cryptocurrencies and mining equipment and other purposes
** Dominari Securities was the exclusive placement agent for the offering
** TZUP has expanded its treasury strategy beyond bitcoin to other cryptocurrencies, such as dogecoin, litecoin, solana and ether
** As of last close, TZUP stock up 350.7% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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