Datacentrex, Inc.

Overview

Datacentrex, Inc. (formerly Thumzup Media Corporation) is a Nevada corporation focused on digital infrastructure and capital deployment. The company owns and operates Scrypt compute assets and pursues strategic transactions across asset-backed operating businesses.

Core operating platform

• Deploys Scrypt-based proof-of-work compute equipment in third-party colocation facilities.
• Monetizes compute primarily through hashrate marketplaces.
• Manages a treasury of digital assets and cash to preserve capital and pursue accretive deployments.
• Uses Scrypt ASIC miners to contribute hashrate to the Litecoin blockchain; merged mining also allows the same hashrate to secure other Scrypt networks (for example, Dogecoin) without additional energy consumption.
• The Company is not a blockchain protocol developer and does not control networks or earn revenue from maintaining or updating open-source protocols.

Recent developments and corporate evolution

• August 18, 2025: Entered into an Agreement and Plan of Merger to acquire Dogehash Technologies, Inc. (Doge).
• December 15, 2025: Merger Sub merged with Doge; Doge survived as a wholly owned subsidiary. Doge holders received common stock and Series D Convertible Preferred.
• December 15, 2025: Filed to change its name to Datacentrex, Inc.
• March 31, 2026: Closed a public offering that raised gross proceeds of approximately $20.2 million (4,510,000 shares at $2.00, plus pre-funded warrants to purchase up to 5,575,000 shares at $1.99). Proceeds were intended for working capital and general corporate purposes.

Scale and assets (post-merger)

• Operates more than 3,100 Scrypt ASIC miners across multiple geographically diversified colocation facilities.
• Has invested in excess of $29 million in mining equipment and related infrastructure since inception.
• Maintains three colocation arrangements providing access to ERCOT, MISO, and Georgia Power grids to diversify power exposure.

Revenue model and customers

• Generates revenue by monetizing owned Scrypt compute through hashrate marketplaces.
• Recognizes revenue when payment for delivered hashrate is received and the corresponding digital assets are transferred to a Company-controlled wallet; amounts earned but not yet settled are not recognized as revenue.
• Settlement is typically denominated in Bitcoin.
• The buyer base includes miners, infrastructure operators, trading firms, and arbitrage participants, with marketplace-based monetization supporting a broad set of counterparties.

Treasury, custody, and capital management

• Treasury consists primarily of Bitcoin by value, with exposure to Dogecoin, Litecoin, and other digital assets.
• May participate in pilot-stage Dogecoin ecosystem opportunities; such activities are exploratory and not governed by a formal board policy.
• Uses institutional custodians and trading platforms (for example, Anchorage Digital and Coinbase Prime) for custody and execution; assets are held primarily by third-party custodians.
• Treasury holdings are concentrated, are not insured by FDIC/SIPC, and expose the Company to cybersecurity and counterparty risks.
• Has engaged in hedging transactions to mitigate price volatility in Bitcoin, Dogecoin, and Litecoin, which introduces counterparty and basis risks.

Infrastructure and power strategy

• Relies on third-party colocation sites for space, power, and site services.
• Management may pursue upstream opportunities (powered land, interconnection capacity, electrical infrastructure) to improve cost structure and strategic flexibility; such initiatives would require substantial capital and regulatory coordination.
• Emphasizes geographic diversification across facilities and grids to reduce site-specific risk, while acknowledging exposure to power market volatility and grid constraints.

People and location

• Headquarters: Salt Lake City, Utah.
• As of April 13, 2026: two full-time employees and nine independent contractors providing investor relations, accounting, legal, and operations support.

Geographic and regulatory context

• Operations are based in the United States, with potential consideration of opportunities outside the U.S.
• Business and treasury activities operate in a dynamic regulatory environment covering digital assets, energy usage, data-center regulation, and public-company disclosure standards.

Product and technology notes

• Maintains internal software for real-time fleet monitoring, uptime tracking, pool/marketplace connectivity, revenue throughput tracking, power usage monitoring, and inventory management.
• Relies on internally developed tools and third-party software for fleet management and cybersecurity; does not hold patents.
• Uses merged mining to obtain economic exposure to multiple Scrypt networks without additional energy consumption.

Key operational characteristics

• Revenue is exposed to digital asset market conditions (price, volatility, liquidity), network difficulty, power costs, uptime, hardware supply, and marketplace liquidity.
• Faces counterparty risk from colocation providers, marketplace operators, custodians, and trading venues.
• Emphasizes scalable deployment with potential for strategic expansion, including acquisitions or upstream infrastructure development, subject to capital and regulatory requirements.