Dogecoin: CleanCore now manages 500 million DOGE
- CleanCore Solutions has announced that the company now manages over 500 million Dogecoin in its treasury, bringing it halfway toward its self-imposed target of one billion DOGE.
- On Monday, CleanCore acquired another 285.42 million Dogecoins. The billion-dollar mark is expected to be reached within the next thirty days.
- Marco Margiotta, Chief Investment Officer of CleanCore and Chief Executive Officer of House of Doge, stated: “Exceeding the 500 million DOGE threshold demonstrates the speed and scale with which ZONE is executing its treasury strategy. Our vision is to establish Dogecoin as a leading reserve asset while supporting its broader use in payments, tokenization, staking-like products, and international remittances.”
- In the long term, CleanCore aims to hold five percent of the total Dogecoin circulating supply. Given the current 145 billion Dogecoins in circulation, this equates to more than seven billion tokens. This would make CleanCore, the first publicly traded company to establish a DOGE treasury in collaboration with the Dogecoin Foundation, one of the largest institutional holders of the memecoin.
- At the same time, the launch of the first spot ETF for Dogecoin, which will operate under the ticker symbol “DOJE,” has been slightly delayed. According to Bloomberg analyst Eric Balchunas, the launch is now scheduled for this Friday.
- Meanwhile, the DOGE price continues to gain momentum. The cryptocurrency gained around four percent on a daily basis, reaching $0.26. This represents a 22 percent increase compared to the previous week.
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Sources
Press release from CleanCore
X-Post by Eric Balchunas