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A Dogecoin Treasury Company? Bit Origin Plans To Raise $500 Million To Do Just That - Bit Origin (NASDAQ:BTOG)
SINGAPORE, JUL 17 – Bit Origin secured $500 million in equity and debt to build a Dogecoin treasury, aiming to grow Doge-per-share and expand services within the ecosystem, the company said.
- On July 17th, 2025, Singapore, Singapore, Bit Origin Ltd announced a dedicated Dogecoin treasury backed by up to $500 million in equity and debt facilities.
- Bit Origin Ltd transitioned from infrastructure to asset accumulation prompted the treasury launch, as the company transitioned from mining infrastructure provision to digital asset value creation and focused on increasing Doge-per-share.
- Chardan facilitated the financing with ATW Partners, the company closed $15 million of convertible debt, while Dogecoin trades above $0.21.
- This initiative positions Bit Origin Ltd among the largest public holders of Dogecoin, making it the first on a major U.S. exchange to designate Dogecoin as a core asset.
- Amid Dogecoin's optimism and resilience, the firm will explore payment applications and miner-facing services within the Dogecoin ecosystem.
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Total News Sources32
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
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