Trump's eldest son invests in Thumzup, a social media company that holds cryptocurrency reserves

BlockBeats News: On July 10th, Donald Trump Jr., the eldest son of Trump, purchased stocks of a loss making social media company that is building Bitcoin reserves. This is the latest investment by the Trump family in their "cryptocurrency as a treasury asset" strategy. Thumzup Media, headquartered in Los Angeles, stated in a document on Wednesday that Trump Jr. holds 350000 shares of the company, valued at over $4 million based on yesterday's closing price of $12.36 per share. According to a person close to Trump Jr., he purchased the company's stock on the advice of his investment advisor and has no other affiliation with the company. (Golden Ten)