Thumpzup Media Buyback: Big Bet on Bitcoin and Dogecoin

Could Thumpzup Media’s latest move into crypto change the game for DOGE investors? 

That’s the big question after the company revealed a major stock buyback plan along with details of its growing Bitcoin and Dogecoin holdings.

Thumpzup Media Buyback Announcement

Thumpzup Media Corp. has officially approved a $10 million stock buyback program that will run until the end of 2026. 

Source: Wu Blockchain

This Thumpzup Media Buyback shows that the company is confident in its future growth and wants to send a strong message to investors.

Alongside the buy back, They also confirmed it has been expanding into cryptocurrencies. Right now, the company holds 19.1 Bitcoin and about 7.5 million Dogecoin, with plans to keep adding more in the coming months.

Thumpzup Media Crypto Holdings and Future Plans

The buyback is only part of the bigger picture. Trump jr. backed organisation is waiting on shareholder approval to acquire DogeHash Technologies. It is a Doge coin mining company that would strengthen its presence in the DOGE ecosystem.

Earlier this year, the company received permission to hold up to $250 million worth of crypto assets. 

Currently, its digital portfolio stands at around $78 million. 

Adding more interest to the story, Donald Trump Jr. owns about 350,000 shares in this organisation linking the company to both political and financial headlines. 

Thumpzup Media Stock Performance

• On September 24, the stock jumped 7.03%.

• Closing the day at $4.87, up from the previous close of $4.55. 

• During the session, the stock reached as high as $5.30. 

Source: Google Finance

With a market cap near $7.93 billion, this surge shows strong investor excitement after the buyback and crypto announcements. 

Dogecoin Price Predictions and Market Trends

DOGE remains as the most discussed cryptocurrency. Dogecoin prediction says, DOGE price can be expected to spike higher than 195% from current prices, reaching its all-time high of $0.73905. Currently the crypto is trading at $0.2350 with a decrease of 1.77% within the last 24 hours as per the CoinMarketCap.

Source: X (Formerly Twitter) 

Previous trends indicate Dogecoin tends to experience explosive breakouts following extended periods of sideway moving. 

Current market indicators also have a large part to play in forming DOGE's direction:

• ETF Momentum: Spot Dogecoin ETFs have debuted with around $17 million in first-day trading volume, testifying to increasing institutional interest.

• Whale Accumulation: Institutional investors acquired more than 1 billion DOGE in August, a positive indicator, but which increases the risk of profit-taking. 

• Block Reward Proposal: There has been a recent proposal on GitHub to slash DOGE mining rewards by 90%, lowering the supply per year from 5 billion to 500 million. It will be detrimental to miners in the short run but will make DOGE rarer in the long run.

Inflation Policy Shift: Short-Term vs. Long-Term

The concept of reducing Dogecoin's inflation has split the community. Reducing mining rewards suddenly could lead to miners exiting, making the network weaker and creating selling pressure. 

But conversely, making DOGE scarce could push demand up in the longer term, just as Bitcoin halvings had driven its price higher in previous cycles.

Final Outlook

The Thumpzup Media Buyback adds even more excitement to the Dogecoin story. Between its crypto holdings, a possible mining acquisition, and strong financial moves, the organisation is showing that it wants to be a serious player in the digital asset market. 

For Dogecoin investors, the path ahead may be bumpy, but with whale buying, ETF approvals, and corporate support from companies like this, the long-term potential remains very attractive.