Overview

• Investor materials circulating to potential backers describe a publicly traded vehicle that would hold DOGE as a reserve asset and seek at least $200 million.
• The pitch lists Quinn Emanuel partner Alex Spiro as the planned chairman, according to Fortune’s reporting based on documents and multiple sources.
• House of Doge is described as having endorsed the effort as the official vehicle, though the corporate structure and launch timetable have not been set.
• Any formal role for Elon Musk remains unknown, and none of the parties named in the materials have issued public comments.
• Coverage notes mixed short‑term price moves as analysts place the proposal within a broader wave of crypto treasury plays, including efforts by Strategy and Bit Origin.