Trump Jr. Invests $4.3M in Thumzup Despite Losses

    By

    Triparna Baishnab

    Triparna Baishnab

    Donald Trump Jr. invests $4.3M in Thumzup, betting on Bitcoin growth despite financial instability. Read more details here:

    Trump Jr. Invests $4.3M in Thumzup Despite Losses

    Quick Take

    Summary is AI generated, newsroom reviewed.

    • Trump Jr. invested $4.3 million in Thumzup despite the app's financial losses.

    • Thumzup is shifting to Bitcoin and altcoins, betting on long-term growth.

    • The Trump family's position on crypto has shifted from skepticism to active investment.

    • Thumzup’s Bitcoin treasury reflects broader corporate interest in digital assets.

    Donald Trump Jr. poured in 4.3 million dollars into a troubled social app Thumzup, which recorded only 151 in revenues in Q1 2025, registering a 2.2 million dollar loss. Nevertheless, Trump Jr. bets on the growth in Bitcoin rather than on the immediate profitability.

    The move indicates the reversal of the attitude of the Trump family towards the cryptocurrencies. At one time Trump echoed the views of many who termed crypto a scam in 2019 but has reversed himself since March 2021. This changing crypto strategy goes along with the shift of Thumzup towards Bitcoin.

    Crypto Pivot by Thumzup

    Thumzup has turned into a Bitcoin, Ethereum, and Dogecoin. The app is also betting on the future of Bitcoin even in the case of financial distress. This reflects widespread corporate action of committing to crypto assets to make acquisition in the future.

    The recent increase in Bitcoin treasury of Thumzup is an expansion of a popular political and monetary trend. Corporate use of crypto assets is on the increase in companies. The role of Trump Jr ties his political ambitions with this digital revolution.

    Risk and Potential of Crypto Investments

    Investment of Trump Jr. in Thumzup is not a certainty because the app has financial issues. Bitcoin has the potential to deliver impressive returns, and Thumzup is not doing a great job in terms of profitability; therefore, having a stake in Thumzup is not a wise investment. Crypto assets owned collectively by the corporates are quite rewarding but at the same time are very volatile.

    The investment reflects how the Trump family is becoming more and more engaged in the expanding world of crypto. The success of the bet will determine how Thumzup is able to stabilize and make use of the value of Bitcoin.

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