According to the latest development, Thumzup Media Corporation has filed for a $200 million shelf offering and plans to use the proceeds to purchase Bitcoin.
Shelf offering is a method that allows partners of companies traded on the stock exchange to sell their shares on the stock exchange piece by piece within a certain period of time, within a framework previously determined by a prospectus. Its English equivalent is “shelf registration” or “shelf offering”.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/breaking-another-company-announces-plans-to-purchase-200-million-worth-of-bitcoin/