CleanCore DOGE Holdings Surpass 600M With Latest Buy

CleanCore Solutions (ZONE), a "cleaning tech" firm backed by the Dogecoin Foundation, acquired another 100M DOGE this week—its third purchase in seven days—bringing its treasury total above 600 million DOGE (roughly $160M at current prices). The company says it’s on track to hit 1B DOGE within the next 30 days.

What’s the Scoop?

• Aggressive Accumulation: CleanCore launched its $175M Dogecoin treasury on Sept. 8 with a 285.4M DOGE buy, followed by multiple additional purchases. Its longer-term goal: to acquire up to 5% of DOGE’s circulating supply.
• DOGE Backers: The treasury is supported by the Dogecoin Foundation, House of Doge, and institutional investors including Pantera, GSR, FalconX, and Borderless. Elon Musk’s personal lawyer Alex Spiro chairs the board.
• DOGE Market Impact: Since CleanCore’s treasury launch, DOGE has climbed over 25%, now trading around $0.26.

Bankless Take:

It seems like every cryptocurrency community aspires to have its own DAT these days. While ZONE shares swiftly tripled on the announcement of CleanCore's DOGE treasury strategy, the stock has fallen ever since. Share prices are down 70% since Sept. 8 and fell below their pre-announcement baseline yesterday.