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3d ago

CleanCore Launches Official Dogecoin Treasury With $68 Million Purchase After $175 Million PIPE

The financing establishes a Dogecoin Foundation–backed reserve to make DOGE the company’s primary treasury asset.

Cleancore solutions jumps 38% after $68m dogecoin purchase
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Overview

  • The company bought about 285.42 million DOGE for roughly $68 million and aims to accumulate up to 1 billion DOGE within 30 days, with a longer‑term goal of around 5% of supply.
  • Completion of the deal created the official Dogecoin treasury backed by the Dogecoin Foundation through House of Doge, which the company says is now the largest single DOGE treasury.
  • CleanCore shares jumped sharply in after‑hours trading, rising as much as about 63% following the disclosure of the purchase and plan.
  • House of Doge and 21Shares will advise the treasury, and House of Doge CEO Marco Margiotta has joined CleanCore as chief investment officer.
  • The PIPE raised $175,000,420 from investors including MOZAYYX, Pantera, GSR, FalconX, Borderless and Mythos, and the company cites NYSE American clearance for a subsequent listing application alongside SEC registration‑rights agreements.