Overview
- CleanCore disclosed on Sept. 16 that it bought another 100 million DOGE, taking its treasury to more than 600 million coins.
- The firm says it aims to reach 1 billion DOGE in the near term and ultimately acquire up to 5% of the cryptocurrency’s circulating supply.
- The initiative is presented as supported by the Dogecoin Foundation through its corporate arm, House of Doge.
- CleanCore has cited a $175 million PIPE announced in early September to finance the treasury buildout.
- ZONE shares jumped as much as 7% before turning negative, DOGE has hovered around $0.27–$0.30 since the treasury launch, and the holdings are valued above $161 million according to Decrypt.