In This Article:
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Thumzup's advertiser base grew by 230% in 2024, surpassing 600 active advertisers across diverse industries
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A successful Nasdaq listing and a $8.2 million upsized public offering
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New key markets were entered, including South Florida and Greater Los Angeles
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Platform enhancements included integration with Instagram Reels and the launch of a new suite of analytics tools
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Thumzup has purchased $2 million worth of Bitcoin (BTC) and now holds 19.106 Bitcoin
LOS ANGELES, Jan. 30, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), an emerging leader in social media branding and programmatic marketing solutions, issued a letter to its shareholders outlining the company's significant achievements in 2024 and its strategic vision for the future.
"We are committed to transparency and keeping our shareholders informed of the exciting developments at Thumzup," said Robert Steele, CEO of Thumzup. "This letter highlights our recent successes and strategic initiatives that position us for significant growth in the rapidly advancing social media advertising industry. Since our inception, Thumzup has been at the forefront of redefining the advertising landscape by empowering real consumer interactions on digital platforms. The core strengths of our business model have never been more robust. We remain steadfast in our strategic execution and believe that those who invest alongside us for the long term will realize the full value of Thumzup's future growth."
Highlights from the Shareholder Letter:
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Explosive Growth: 230% advertiser base growth in 2024, surpassing 600 active advertisers
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Strong Balance Sheet: Successful Nasdaq listing and an $8.2M upsized public offering
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Market Expansion: New presence in South Florida & Greater Los Angeles, driving national scale
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Tech Innovation: Integrated Instagram Reels & X, launched advanced analytics tools
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Strategic Bitcoin Positioning: Holds 19.106 BTC, with a board-approved strategy to allocate up to 90% of liquid assets to Bitcoin
For more details on Thumzup's latest developments and future plans, please read the full Shareholder Letter at Thumzup's investor relations website here: https://www.thumzupmedia.com/shareholderletter-jan2025
About Thumzup®
Thumzup Media Corporation (Thumzup) is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and Venmo.