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Dogecoin News (DOGE): CleanCore (ZONE) Raising $175M for DOGE Treasury
CleanCore Solutions will hold Dogecoin as its primary reserve asset following a $175 million private placement, aiming to promote institutional adoption and transparency.
- On September 2, 2025, House of Doge announced a partnership with CleanCore Solutions Inc. to establish an official Dogecoin Treasury through a $175 million private placement of 175,000,420 pre-funded warrants.
- Aiming to institutionalize Dogecoin, the partners include House of Doge and 21Shares for governance and product development, with Alex Spiro as chairman and Marco Margiotta and Timothy Stebbing joining to run the treasury.
- Shares plunged about 59% to near $2.80 after trading, as CleanCore Solutions 's offering raised dilution concerns given its US$38.4-million market capitalization.
- The transaction created the only official Dogecoin Treasury sponsored by the Dogecoin Foundation, with more than 80 investors joining to acquire DOGE as CleanCore's primary reserve asset.
- The move positions Dogecoin for greater institutional use but analysts warn skepticism given meme-coin volatility and stock declines at public companies adopting crypto treasuries.
22 Articles
22 Articles
CleanCore raises $175M for dogecoin treasury in private placement; stock plunges (ZONE:NYSE)
CleanCore Solutions (ZONE) is raising $175M through a private placement to establish a dogecoin (DOGE-USD) treasury, with over 80 investors joining a deal backed by the Dogecoin Foundation and House of Doge, it said on Tuesday.
House of Doge, the Commercial Arm of the Dogecoin Foundation, Partners with CleanCore Solutions (NYSEAM: ZONE) to Establish the Official Dogecoin Treasury Through $175,000,420 Private Placement
House of Doge Partners with CleanCore Solutions (NYSEAM: ZONE) to Establish Official Dogecoin Treasury Through $175,000,420 Million Private Placement....
Water Tech Firm Turns to Dogecoin — Stock Crashes 60%
Key highlights: CleanCore invests $175M in Dogecoin, sparking a 60% stock drop Partnership with Dogecoin Foundation reshapes company strategy Investor skepticism grows as DOGE-backing firms struggle in 2025 CleanCore’s $175M Dogecoin gamble sparks stock market rout CleanCore Solutions’ stock plummeted 60% after the Nebraska-based ozone water purification company announced plans to invest $175 million in Dogecoin, making the memecoin its primar…
CleanCore Stock Falls Over 60% After $175 Million Dogecoin Treasury Pivot Led by Elon Musk’s Lawyer
CleanCore stock fell over 60% after it announced plans to shift into a Dogecoin treasury company. The company raised $175 million from over 80 investors to buy Dogecoin as a reserve asset. Investors remain cautious as other firms with similar Dogecoin strategies have seen sharp stock declines in 2025. CleanCore Solutions saw its shares fall by more than 60% on Tuesday after unveiling plans to pivot into digital assets. The Nebraska-based company…
Dogecoin’s $175M Treasury: A Bold Leap or Risky Gamble?
Dogecoin’s recent move to establish an official treasury, backed by a substantial $175 million investment, marks a significant shift in the cryptocurrency’s trajectory. This development is not just a financial maneuver but a strategic pivot that could redefine Dogecoin’s role in the digital asset landscape. The creation of this treasury, housed under CleanCore Solutions and partnered with the… Source
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