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TLDR
- CleanCore bought 100 million DOGE, raising total holdings to over 600 million coins.
- The company plans to reach 1 billion DOGE within 30 days.
- CleanCore aims to acquire up to 5% of Dogecoin’s circulating supply long term.
- Dogecoin price has climbed over 25% since the treasury’s launch earlier this month.
CleanCore Solutions has strengthened its role as a major Dogecoin holder with a new acquisition. The company purchased another 100 million DOGE, pushing its treasury beyond 600 million coins. CleanCore aims to accumulate 1 billion DOGE within 30 days and eventually control up to 5% of Dogecoin’s circulating supply.
CleanCore Expands Dogecoin Holdings
CleanCore Solutions, listed on NYSE American as ZONE, announced the purchase of 100 million DOGE, valued at about $26.6 million. This marks the firm’s third significant buy in a week and continues its aggressive treasury strategy. The company launched its Dogecoin treasury on September 5 with an initial 285.4 million DOGE and crossed 500 million DOGE by September 11.
The Dogecoin-focused treasury is backed by the Dogecoin Foundation and its corporate arm, House of Doge. CleanCore’s stated goal is to establish Dogecoin as a long-term reserve asset and to support its growth in payments, tokenization, remittances, and staking-like products. The latest purchase brings total holdings to more than 600 million DOGE as the company advances toward its 1 billion target.
Market Confidence Gains with Growing Treasury
Furthermore, the company’s steady buying appears to be supporting market confidence in Dogecoin. Since CleanCore launched the treasury earlier this month, Dogecoin price has climbed more than 25%, now trading around $0.26 to $0.30. Market watchers note that a clear accumulation strategy can create a stronger price base over time.
CleanCore’s shares also reflect investor optimism. The stock has risen over 9% to around $2.94, giving the company a market capitalization above $45 million. This growth indicates positive sentiment around both the company’s crypto strategy and its broader cleaning technology operations.
Institutional Support Strengthens Adoption
In addition, institutional involvement continues to drive Dogecoin’s legitimacy as a reserve asset. The CleanCore treasury is supported by investors including Pantera, GSR, FalconX, and Borderless. Elon Musk’s personal lawyer, Alex Spiro, chairs CleanCore’s board, adding visibility and credibility to the effort.
Dogecoin Foundation director Timothy Stebbing earlier described the treasury as a key step toward wider institutional adoption. He said partnerships with financial products like ETFs, such as those managed by 21Shares, help establish Dogecoin as a serious currency beyond its meme origins.
Broader Crypto Treasuries Diversify Assets
At the same time, the CleanCore expansion aligns with a larger trend of digital asset treasuries diversifying beyond Bitcoin. While most digital asset treasury firms still prioritize Bitcoin, Ethereum, and Solana, Dogecoin’s liquidity and active global network make it attractive for diversification. Standard Chartered recently suggested Ethereum may benefit most from this trend, but Dogecoin’s growing adoption shows rising interest in alternative assets.
CleanCore’s dual focus on sustainable cleaning technology and cryptocurrency treasury operations positions it uniquely in this evolving market. By combining its core cleaning business with an aggressive Dogecoin accumulation plan, the company is setting a precedent for hybrid corporate strategies in digital assets.
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