Thumzup® Announces $10 Million Share Repurchase Program

 Source:  Thumzup Media Corporation 9/24/2025

Board of directors approves $10 million share buyback program through December 31, 2026

Recently completed its initial $1 million share repurchase of its common stock

Strengthens Digital Asset Treasury with 19.106 Bitcoins and approximately 7.5 million Dogecoins

Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, today announced that its board of directors has approved a $10 million share repurchase program through December 31, 2026 which is in addition to its previously announced $1 million share buyback program which was completed in September 2025.

As of September, 19, 2025, Thumzup had repurchased 212,432 shares of its common stock for approximately $1 million at a weighted average price of $4.71 per share.

"Our decision to implement a $10 million share repurchase program reflects confidence in Thumzup's long-term strategy and our commitment to delivering value to shareholders," said Robert Steele, Chief Executive Officer of Thumzup. "We believe our balanced approach, combining strategic accumulation of digital assets with investment in its underlying infrastructure, positions us well for sustained growth."

Thumzup also highlighted progress in its digital asset treasury strategy. The Company currently holds 19.106 Bitcoins and approximately 7.5 million Dogecoins. In addition, as previously announced, it has signed definitive agreements to acquire DogeHash Technologies, Inc. ("DogeHash"), a dogecoin mining operation with 2,500 rigs in place and another 1,000 scheduled for delivery later this year. As previously indicated, the acquisition is subject to shareholder approval and customary closing conditions.

If completed, the DogeHash acquisition would expand Thumzup's presence in cryptocurrency mining and treasury management.

About Thumzup®

Thumzup Media Corporation is pioneering a new era of digital marketing and financial innovation. In parallel with the growth of its AdTech platform, Thumzup's Board of Directors has authorized the Company to strategically expand its treasury strategy to include leading cryptocurrencies, such as Bitcoin, Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reinforcing the Company's commitment to financial agility and innovation.