DOGE Price News: Surges 5% Amid Trump-Affiliated Dogecoin Mining Deal and Fed Comments

DOGE Price News: Surges 5% Amid Trump-Affiliated Dogecoin Mining Deal and Fed Comments

A $50 million Trump-linked acquisition of a DOGE mining firm, Wyoming’s launch of a state-backed stablecoin, and comments from Federal Reserve officials signaling a softer stance on digital assets all converged to trigger fresh institutional flows.

Trump Jr.-Backed Digital Marketing Firm Pivots to Dogecoin Mining in $154 Million Deal

Thumzup Media Corporation, which counts Donald Trump Jr. as a major shareholder, will acquire industrial-scale crypto mining company Dogehash Technologies in a $153.8 million all-stock transaction that pivots the digital marketing firm into Dogecoin and Litecoin mining.Under the agreement announced Tuesday, Dogehash shareholders will receive 30.7 million Thumzup shares, with the combined entity rebranding as Dogehash Technologies Holdings and tr…

Trump Family-Backed Thumzup to Acquire Dogecoin Miner Dogehash in $154M Deal

Key highlights: Thumzup Media, backed by Donald Trump Jr., is acquiring Dogehash Technologies in a $153.8 million all-stock transaction. The merged entity will rebrand as Dogehash Technologies Holdings and trade on Nasdaq under the ticker XDOG. The move marks a significant shift toward crypto mining, especially in Dogecoin and Litecoin, with plans for DeFi integration via DogeOS. A strategic pivot into mining Thumzup Media (TZUP), an online ma…