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House of Doge-Backed Dogecoin Treasury Pitch Seeks $200 Million, With Alex Spiro Tapped as Chair

Key details remain undisclosed—vehicle structure, launch timing, any role for Elon Musk.

Overview

  • Investors are being pitched on a publicly traded company designed to hold and invest in Dogecoin, according to multiple sources.
  • The proposed vehicle is targeting at least $200 million in capital, with formal terms and launch plans not yet set.
  • House of Doge has endorsed the effort as the official Dogecoin vehicle, per sources familiar with the pitch.
  • Alex Spiro, Elon Musk’s personal attorney, is slated to serve as chairman of the planned company, according to investor materials and sources.
  • Spokespeople for X and House of Doge declined to comment and Spiro did not respond, as the plan draws scrutiny linked to broader crypto treasury strategies popularized by MicroStrategy.