Overview

• CleanCore sold 175,000,420 pre-funded warrants at $1 each to more than 80 backers, including Pantera, GSR, FalconX and Borderless.
• Proceeds are earmarked to acquire DOGE for a new corporate treasury and to fund operations, with Dogecoin designated as the primary reserve asset.
• Alex Spiro was named board chair, Timothy Stebbing joined the board, and House of Doge CEO Marco Margiotta became chief investment officer.
• House of Doge and 21Shares will advise on allocation, governance and reporting, with exploration of staking-like yield features and payments integration.
• ZONE shares fell roughly 53%–60% on the announcement, while the initiative is presented as the first foundation-backed Dogecoin treasury.