According to CryptoComLearn, social media advertising platform Thumzup Media has finalized the acquisition of Dogehash, a mining company specializing in Scrypt algorithms, and is set to launch its subsidiary Datacentrex Inc. on the Nasdaq exchange under the ticker DTCX on December 16, 2025.
Acquisition and Listing Details
The acquisition and subsequent listing have received all necessary approvals from shareholders and the exchange. Datacentrex will operate initially with 3,100 ASIC miners, exclusively mining Dogecoin (DOGE) and Litecoin (LTC). The company plans to expand its fleet to 4,100 miners by mid-2026 to increase hashing power.
Strategic Significance and Market Impact
This move marks a notable event in the digital infrastructure sector, offering investors a new channel to gain exposure to cryptocurrency mining operations without building facilities from scratch. Thumzup Media stated that the acquisition of Dogehash brings an experienced mining team and Scrypt technology, enabling a swift entry into the Dogecoin and Litecoin mining ecosystem. Recent market data shows that Dogecoin whales have accumulated 525 million DOGE amid volatility, and spot ETFs recorded a 215% inflow surge in May, indicating growing institutional interest.
Market Data Reference
As of press time, DOGE is trading at $0.1245, down 1.64% intraday; LTC at $62.30, down 1.08%. Despite short-term pullbacks, the public listing of a mining pure-play could attract traditional capital seeking compliant crypto exposure. Analysts note that Datacentrex, as a Nasdaq-listed Dogecoin/Litecoin miner, may appeal to funds looking for regulated investment vehicles in the crypto space.