According to Odaily Planet Daily, Thumzup (TZUP), a media company owned by Donald Trump's eldest son, released a shareholder letter announcing its intention to acquire DogeHash Technologies to establish a DOGE mining operation, completing its strategic transformation into a leading cryptocurrency mining company. The company has invested $1 million in Bitcoin, and its board of directors has authorized increased holdings of cryptocurrencies including DOGE, LTC, SOL, XRP, ETH, and USDC. It has also authorized the purchase of 2,500 DOGE mining machines, with the potential purchase of an additional 1,000 machines.

Earlier news reported that Thumzup (TZUP) will acquire Dogehash Technologies in an all-stock transaction. The company will be renamed "Dogehash Technologies Holdings, Inc." and traded on the Nasdaq under the new stock code "XDOG". The transaction is expected to be completed before the end of this year.