According to multiple reports, Thumzup Media Corporation has provided a $2.5 million loan to DogeHash Technologies to help expand Dogecoin mining operations.

The cash is tied to an agreement that could turn into an all-stock acquisition, with DogeHash shareholders reportedly set to receive about 30.7 million Thumzup shares under the deal.

That swap, based on the filings and press notes , may lead the combined company to adopt a new ticker and brand if the transaction closes.

Thumzup Expands Mining Fleet

Reports have disclosed the fresh funds will go toward buying and deploying more mining rigs. The plan calls for adding 500+ ASIC miners, which backers say would push the company’s active machines to over 4,000 by year end.

That is a substantial jump from current levels. The compa

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