Thumzup transforms into Dogehash Technologies — a bold move into Dogecoin mining
The American company Thumzup Media Corporation, originally known for its marketing solutions, is pivoting decisively toward cryptocurrencies by acquiring DogeHash Technologies Inc., one of the leading miners of Dogecoin and other Scrypt-based assets. This is not just a merger — it represents a full-scale transformation: Thumzup will rebrand as Dogehash Technologies Holdings, Inc. and adopt the ticker symbol XDOG on the exchange.
At the time of the announcement, DogeHash already operated around 2,500 mining rigs, with plans to scale up to 3,500 ASIC units by 2026. The company is actively growing its crypto treasury, having already acquired 7.5 million DOGE (~$2 million), along with holding 19 BTC on its balance sheet. Simultaneously, Thumzup has launched a $10 million stock buyback program to solidify its market position ahead of the rebranding.
The shift from Web2 marketing to industrial-scale Dogecoin mining is strategic — the goal is to embed itself in the core of the next-generation Dogecoin ecosystem, including Layer-2 infrastructure, DAOs, and a customized DogeOS.
With an ETF for DOGE on the horizon and rising attention to the “people’s cryptocurrency,” this move positions XDOG as a potential leader in specialized Scrypt mining in the United States.
