Dogecoin Foundation и CleanCore Solutions запускают казначейство на $175 млн для увеличения инвестиций в DOGE Headline: Dogecoin Foundation and CleanCore Solutions Launch $175 Million Treasury to Boost DOGE Investments

The official corporate entity of the Dogecoin Foundation, House of Doge Inc., has announced the establishment of an official treasury for the meme coin. The total investment allocated for purchasing DOGE is approximately $175 million.

House of Doge, the Dogecoin Foundation, and CleanCore Solutions (NYSEAM: ZONE) are launching a $175 million Dogecoin Treasury.

This reserve will be created through a strategic partnership with CleanCore Solutions. Additionally, the project will be overseen by 21Shares, a crypto ETF issuer managing over $12 billion in assets. These companies will manage the allocation of funds, explore investment opportunities, and oversee corporate governance.

To finance the initiative, CleanCore plans to issue $175 million in shares, with all proceeds directed towards acquiring DOGE.

«By collaborating with 21Shares to build infrastructure for institutional investments, we are establishing a foundation for recognizing Dogecoin as a legitimate currency that transcends its meme origins,” stated Marco Marghiotta, CEO of House of Doge.

Alex Spiro, Elon Musk’s personal lawyer, will chair CleanCore’s board of directors.

The first company with a corporate DOGE reserve was Bit Origin, which announced on July 17 its successful acquisition of $500 million in Dogecoin investments.

The meme coin’s value has remained stable despite this announcement, having decreased by 2.6% over the past 24 hours, trading at $0.21 at the time of writing.

From August 26 to September 1, Michael Saylor’s Strategy purchased 4,048 BTC for a total of $449.3 million, as detailed in SEC filings. The company’s total holdings now stand at 636,505 BTC, valued at approximately $70 billion.

According to the document, Strategy raised funds for the recent purchase by selling 1.2 million shares of MSTR for $425.3 million. The company also liquidated 199,509 shares of STRK for $19 million, 237,931 shares of STRF for $26.5 million, and 2,973 shares of STRD for $1 million.

As of now, 163 publicly traded companies own Bitcoin.

Firms are also continuing to accumulate Ethereum. On September 2, SharpLink Gaming, backed by Joseph Lubin, reported acquiring 39,008 ETH, increasing its reserve to 837,230 ETH worth $3.6 billion.

The Ether Machine announced successfully raising 150,000 ETH for $654 million from Blockchains founder Jeffrey Burns. Concurrently, BitMine purchased an additional 153,075 ETH for $668 million.

ETHZilla Corporation rebalanced by allocating $100 million into the EtherFi restaking protocol.

A newcomer in this segment is the Hong Kong-based Yunfeng Financial, which disclosed the purchase of 10,000 ETH for $44 million.

Firms hold 3.6% of the total supply in the second largest cryptocurrency, Ethereum.

CEA Industries announced the acquisition of 38,888 BNB for $33 million, bringing its total assets to 388,888 BNB valued at $330 million. The firm aims to accumulate 1% of the total supply by the end of 2025.

Tron Inc., whose shares are traded on Nasdaq, revealed receiving $110 million from its major shareholder, Bravemorning Limited, resulting in the firm adding 312 million TRX to its reserves.

It’s important to note that Ethereum founder Vitalik Buterin has endorsed corporate treasuries in the second-largest cryptocurrency, while cautioning about associated risks, stating that excessive debt could lead companies into a “dangerous game.”