Overview
- Dogehash shareholders will receive 30.7 million Thumzup shares, with the combined company to be renamed Dogehash Technologies Holdings and listed as XDOG upon closing.
- Dogehash operates about 2,500 Scrypt ASIC miners in North America powered by renewable energy, with additional units slated for deployment through 2026.
- The transaction is reported at roughly $153.8 million based on Thumzup’s share price at the time of the announcement.
- Closing is targeted for the fourth quarter of 2025 and remains subject to shareholder and customary regulatory approvals.
- The deal ties into the Trump family’s expanding crypto ventures, with Donald Trump Jr. identified as a major Thumzup shareholder.