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项目 7.01监管FD披露
2024年11月15日,Thumzup媒体公司(以下简称“公司”)发布了一则新闻稿。新闻稿的副本附在此处。 附件 99.1 并据此纳入参考。
项目8.01。 其他事项。
在2024年11月15日,Thumzup Media Corporation("公司"、"我们"或"我们的")发布了一份新闻稿, 宣布公司的董事会("董事会")已批准购买高达1,000,000美元的比特币, 包括费用和支出("比特币投资")。这份新闻稿的副本作为本8-k表格的附件99.1。
关于BTC投资,公司正在补充之前披露在其2024年9月30日止三个月季度报告(“2024年Q3季度报告10-Q”)中的风险因素,以下是新增的风险因素。这些风险因素应与2024年Q3季度报告10-Q中包含的风险因素一起阅读。
我们的 财务结果和我们普通股的市场价格可能会受到比特币(“BTC”)价格的影响
作为我们对不需要为持续运营提供流动资金的资产的资本配置策略的一部分,公司的董事会已批准对BTC的投资金额最高为100万美元。BTC的价格历史上经历了剧烈的价格波动,并且波动性很大。此外,像BTC这样的数字资产相对较新,证券法和其他法规对这些资产的适用在许多方面并不明确。监管机构可能会以 adversely 影响BTC流动性或价值的方式解读法律。
任何 比特币的公允价值下降到低于我们对这些资产的账面价值,可能会要求我们承担减值费用,而该费用 可能对我们所适用的报告期的财务结果产生重大影响,这可能会导致我们报告的 收益出现显著波动。任何报告的收益下降或收益波动加大可能会对我们普通股的市场 价格产生重大不利影响。此外,关于比特币的会计处理在美国的普遍接受的会计原则的应用在某些方面仍然不确定,任何未来我们对比特币资产的会计处理方式的变更都可能对我们的财务结果和普通股的市场价格产生重大 不利影响。
此外,如果投资者认为我们的普通股价值取决于或与我们的比特币持有价值或其变化相关联,比特币的价格可能会显著影响我们普通股的市场价格。
如果我们或我们的第三方服务提供商遭遇安全漏洞或遭受网络攻击,并且未经授权的人获取访问我们的BTC资产,我们可能会损失部分或全部BTC资产,我们的财务状况和经营业绩可能会受到重大不利影响
安防-半导体 安全漏洞和网络攻击对于我们在BTC的投资尤其令人担忧。虽然我们可能将大部分BTC 资产 存放在知名的数字货币保管机构,但成功的安全漏洞或网络攻击可能导致我们未来BTC 资产的部分或全部损失,而这种损失可能不受保险或我们与这些保管机构的保管协议的赔偿条款的保障。 这样的损失可能对我们的财务状况和经营成果产生重大不利影响。
BTC 是一项具有有限运营历史的相对较新的技术创新。
比特币的存在和运营历史相对较短,与传统大宗商品相比较。比特币的价格存在有限的已建立的绩效记录,因此对于评估投资比特币的基础也是有限的。尽管过往表现未必可以预示未来结果,但如果比特币有更加确立的历史,这样的历史可能(或可能不会)为投资者提供更多信息,用以评估对该公司的投资。
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比特币 通常。
比特币的市值与任何特定公司、政府或资产都无关。BTC的估值取决于对BTC网络未来价值的期望,BTC交易数量以及BTC作为资产的总体使用情况。这意味着BTC的价值很大程度上是投机的,这可能导致波动加剧。投资者可能会根据BTC的估值在公司持有的BTC中经历重大收益、损失和/或波动。
多个 因素可能影响BTC的价格,包括但不限于:供需、投资者对通货膨胀率、利率、汇率或未来监管措施(如果有的话)影响BTC交易或作为支付方式使用的预期。BTC的发行由计算机-半导体代码决定,而非中央银行,价格可能极其波动。公司的BTC投资价值可能会迅速下降,甚至归零。
Digital asset markets, including spot markets for bitcoin, are growing rapidly. The spot markets through which BTC and other digital assets trade are new and largely unregulated. These markets are local, national and international and include a broadening range of digital assets and participants. Significant trading may occur on systems and platforms with minimum predictability. Furthermore, many spot markets and over-the-counter market venues, do not provide the public with significant information regarding their ownership structure, management teams, corporate practices or oversight of customer trading. As a result, the marketplace may lose confidence in, or may experience problems relating to, these venues. Spot markets may impose daily, weekly, monthly or customer-specific transaction or withdrawal limits or suspend withdrawals entirely, rendering the exchange of BTC for fiat currency difficult or impossible. Participation in spot markets requires users to take on credit risk by transferring BTC from a personal account to a third party’s account.
Any market abuse, and a loss of investor confidence in BTC, may adversely impact pricing trends in BTC markets broadly, as well as an investment in shares of the Company. Over the past several years, a number of BTC spot markets have been closed or faced issues due to fraud, failure, security breaches or governmental regulations. The nature of the assets held at BTC spot markets makes them appealing targets for hackers and a number of BTC spot markets have been victims of cybercrimes. In many of these instances, the customers of such BTC spot markets were not compensated or made whole for the partial or complete losses of their account balances in such BTC exchanges. No BTC exchange is immune from these risks. While the Company itself does not buy or sell BTC on BTC spot markets, the closure or temporary shutdown of BTC exchanges due to fraud, business failure, hackers or malware, or government-mandated regulation may reduce confidence in the BTC network and can slow down the mass adoption of BTC. Further, spot market failures or that of any other major component of the overall BTC ecosystem can have an adverse effect on BTC markets and the price of bitcoin and could therefore have a negative impact on the performance of the Company.
Furthermore, many spot markets lack certain safeguards put in place by more traditional exchanges to enhance the stability of trading on the exchange and prevent flash crashes, such as limit-down circuit breakers. As a result, the prices of digital assets such as bitcoin on digital asset exchanges may be subject to larger and/or more frequent sudden declines than assets traded on more traditional exchanges.
A lack of stability in the BTC spot markets, manipulation of BTC spot markets by customers and/or the closure or temporary shutdown of such exchanges due to fraud, business failure, hackers or malware, or government-mandated regulation may reduce confidence in BTC generally and result in greater volatility in the market price of BTC and the shares of the Company.
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Momentum pricing.
The market value of BTC is not based on any kind of claim, nor backed by any physical asset. Instead, the market value depends on the expectation of being usable in future transactions and continued interest from investors. This strong correlation between an expectation and market value is the basis for the current (and probable future) volatility of the market value of BTC and may increase the likelihood of momentum pricing.
Momentum pricing typically is associated with growth stocks and other assets whose valuation, as determined by the investing public, is impacted by appreciation in value. Momentum pricing may result in speculation regarding future appreciation in the value of digital assets, which inflates prices and leads to increased volatility. As a result, BTC may be more likely to fluctuate in value due to changing investor confidence in future appreciation or depreciation in prices, which could adversely affect the price of BTC, and, in turn, an investment in the Company.
The value of a BTC as represented by the index may also be subject to momentum pricing due to speculation regarding future appreciation in value, leading to greater volatility that could adversely affect the value of the Shares. Momentum pricing of BTC has previously resulted, and may continue to result, in speculation regarding future appreciation or depreciation in the value of BTC, further contributing to volatility and potentially inflating prices at any given time. These dynamics may impact the value of an investment in Company.
Some market observers have asserted that in time, the value of BTC will fall to a fraction of its current value, or even to zero. BTC has not been in existence long enough for market participants to assess these predictions with any precision, but if these observers are even partially correct, an investment in the Shares may turn out to be substantially worthless.
Exhibits
99.1 | Press Release dated November 15, 2024 |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 15, 2024 | THUMZUP MEDIA CORPORATION | |
By: | /s/ Robert Steele | |
Name: | Robert Steele | |
Title: | Chief Executive Officer (Principal Executive Officer) |
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