CleanCore Acquires $1.87 Billion Worth of Dogecoin
Nebraska-based CleanCore Solutions expands its Dogecoin treasury past 600 million tokens, targeting 1 billion within 30 days and 5% of supply long term, supported by House of Doge and institutional partnerships.
CleanCore Solutions confirmed the acquisition of an additional 100 million Dogecoin on September 16, 2025, raising its total holdings above 600 million tokens. The company launched the Dogecoin Treasury initiative on September 5, aiming to acquire 1 billion DOGE within its first 30 days and eventually secure 5% of circulating supply. The strategy is backed by House of Doge, the Dogecoin Foundation’s corporate arm, and funded through a $175 million private placement involving over 80 institutional investors, including Pantera and GSR. Elon Musk’s lawyer Alex Spiro chairs the board. CleanCore reported record Q4 2025 revenue of $1.1 million and a 29% increase in full-year revenue to $2.1 million, alongside debt-to-equity conversions and major purchase orders. A new partnership with Robinhood’s Bitstamp provides custody and yield opportunities for DOGE holders. Since the strategy’s launch, DOGE has risen from $0.2417 to around $0.27–$0.30, reflecting market confidence.
- Dogecoin: A cryptocurrency that started as a meme coin but has gained popularity and market value, often used for tipping and microtransactions.
- Treasury Strategy: A corporate approach to accumulating and managing digital assets, often modeled after Bitcoin treasury holdings, to diversify reserves or create yield opportunities.
- Private Placement: A funding method where securities are sold directly to institutional investors rather than through a public offering.