TLDR
- CleanCore now holds over 500M DOGE as part of its 1B coin treasury target within 30 days.
- Dogecoin price surged 22% this week, driven by ETF news and major treasury buys.
- The REX-Osprey DOJE ETF proposal boosts hopes for institutional Dogecoin investment.
- Elon Musk’s lawyer, Alex Spiro, joins CleanCore as board chairman during its DOGE expansion.
CleanCore has reached a key milestone in its digital asset treasury plan, confirming it now holds over 500 million Dogecoin. This marks the halfway point toward its target of 1 billion DOGE. The news comes during a sharp rise in the token’s price, which is up 22% this week. Growing interest in Dogecoin and the planned launch of a U.S. ETF continues to boost market activity.
CleanCore Advances Treasury Strategy Backed by Dogecoin Foundation
CleanCore Solutions announced that it now holds over 500 million DOGE in its corporate treasury. The plan is managed by House of Doge, which operates as the enterprise arm of the Dogecoin Foundation. The foundation’s support has added credibility to CleanCore’s aggressive accumulation plan.
The company aims to acquire 1 billion DOGE within 30 days. It started this process with an initial purchase of 285 million coins. Chief Investment Officer Marco Margiotta said the pace of the purchases reflects a structured and disciplined approach. “Crossing the 500 million DOGE threshold demonstrates the speed and scale at which ZONE is executing its treasury strategy,” Margiotta said in a statement.
He also said CleanCore’s broader vision includes establishing Dogecoin as a core reserve asset for payments and remittances. The company aims to hold up to 5% of DOGE’s total circulating supply in the long run. Custody of the holdings is managed through Bitstamp in partnership with Robinhood.
Adding to its leadership strength, CleanCore recently appointed Alex Spiro, Elon Musk’s personal lawyer, as chairman of the board. According to sources, Spiro played a key role in shaping the treasury plan and aligning it with the foundation’s long-term goals.
DOGE Price Surges Amid ETF Optimism and Corporate Buys
The price of Dogecoin has seen sharp upward movement in the last seven days. It has climbed 22%, including a 3.6% gain in the past 24 hours. Analysts are pointing to a mix of CleanCore’s treasury activity and growing interest in Dogecoin-related financial products.
One major factor driving the price is the proposed launch of the REX-Osprey DOJE ETF. If approved, it would be the first U.S.-regulated exchange-traded fund for Dogecoin. This has raised optimism that institutional investors will begin entering the market. The increased demand could bring more liquidity and help stabilize prices.
On the technical side, DOGE has broken past a key resistance level of $0.25. Traders now expect the coin to test the $0.288 mark. Volume and liquidity are both strong, reducing the risk of sharp price corrections. The current uptrend reflects both market speculation and structural support from treasury activity.
Corporate Competition Grows as DOGE Becomes Treasury Asset
CleanCore is not alone in using Dogecoin as part of a corporate treasury strategy. BitOrigin recently disclosed a purchase of 40.5 million DOGE as part of its $500 million crypto treasury plan. More firms are now treating digital assets as long-term holdings.
The Dogecoin Foundation, through House of Doge, is working to increase the utility of DOGE. This includes efforts in tokenization, payment systems, and digital finance tools. By pushing adoption, the foundation aims to move Dogecoin away from its image as a meme coin.
CleanCore’s actions place it among the top holders of Dogecoin in the corporate world. The company plans to continue its accumulation until the 1 billion mark is reached. Market watchers will be closely tracking whether these moves help Dogecoin achieve more mainstream use.
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