Trump-Linked Firm Invests $2.5M in Dogecoin Mining

Thumzup Media Corporation has recently made one of the most significant moves into  Dogecoin mining. The firm announced a $2.5 million loan to DogeHash Technologies, a growing mining company. 

For the crypto industry, it’s another sign that Dogecoin mining is gaining more attention from serious participants.

Expanding Dogecoin Mining Power

The $2.5 million comes just before Thumzup’s planned acquisition of DogeHash. The capital will fund more than 500 new ASIC miners, built for efficient crypto mining. If successful, DogeHash could expand to over 4,000 rigs by the end of the year. That would place it among the larger Dogecoin mining operators. More rigs mean greater hash power, stronger security, and a more reliable Dogecoin network.

Trump family–affiliated Thumzup Media Corporation (Nasdaq: TZUP) provided $2.5 million to DogeHash Technologies to expand Dogecoin mining and deploy next-generation ASIC miners, adding 500+ units and raising the total to over 4,000 this year. https://t.co/r3YInHlk9m

— Wu Blockchain (@WuBlockchain) October 1, 2025

Executives say this is part of a long-term strategy. Thumzup wants real infrastructure, not quick speculation. Backing Dogecoin mining is a bet on the DOGE community and its increasing role in the market.

What Leaders Are Saying

Robert Steele, CEO of Thumzup, expressed optimism. “We are happy about Dogecoin-related developments,” he said. He added, “Collaborating with DogeHash has the potential to establish a premier DOGE mining company.”

Parker Scott, CEO of DogeHash, welcomed the investment. He said the funding would help deploy high-powered ASIC miners. He called this a “pivotal period for the Dogecoin market.”

Thumzup announces $2.5 million capital infusion into DogeHash Technologies to expand its #Dogecoin mining capacity. 🤝

⚡ Strategic funding expected to accelerate fleet deployment to over 4,000 ASIC miners.

Read the press release: https://t.co/DWw17VG5gj $TZUP $DOGE pic.twitter.com/fqwV6NAmSI

— Thumzup Media Corporation (@thumz_up) September 30, 2025

Both leaders stressed that this deal is about more than equipment. It signals confidence in Dogecoin’s future.

A Bigger Strategy at Play

The loan is one of several recent Thumzup moves. The company has purchased DOGE for its treasury. It has also launched a Crypto Advisory Board. The company is also preparing to acquire DogeHash Technologies fully. These measures show a greater goal. Thumzup is positioning itself to control the Dogecoin mining business. It also aims to expand influence across the broader digital asset economy.

New from @benzinga: 🐕⚡$TZUP provides $2.5M capital infusion to DogeHash. The funds are expected to expand #Dogecoin mining capacity and accelerate deployment of its next-generation ASIC miners.

Dive in: https://t.co/2xwS3BTXOo

— Thumzup Media Corporation (@thumz_up) September 30, 2025

Conclusion

Investing $2.5 million in DogeHash through bitcoin mining is a bold move by Thumzup. The company is already gaining momentum as it prepares to introduce hundreds of new ASIC miners. This may lead to more development and stability of the memecoin.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

The post Trump-Linked Firm Invests $2.5M in Dogecoin Mining appeared first on Altcoin Buzz.