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The board of directors of Thumzup Media Corporation approved a $250 million investment plan to diversify into a wide range of cryptocurrencies, including XRP, USDC, ETH, SOL, DOGE, and LTC, abandoning its previous policy of holding only Bitcoin at $116,971.35. The company previously held 19 BTC worth approximately $2.3 million. The new plan aims to reduce risk based on a single coin and target flexible allocations according to internal risk rules. CEO Robert Steele stated that the approach towards a more friendly regulatory framework in the U.S. influenced the decision and that they believe the diversified structure will create shareholder value. The plan was shaped following the introduction of two new cryptocurrency laws, namely the GENIUS Act and the CLARITY Act.