CleanCore Solutions will use $175 million raised through pre-funded warrants to acquire Dogecoin, establishing the cryptocurrency as its primary treasury reserve.
Dogecoin Foundation and House of Doge will guide CleanCore’s treasury, creating the first foundation-backed DOGE treasury for a public company.
Over 80 institutional and crypto-native investors joined the private placement, signaling growing institutional support for Dogecoin as a treasury asset.
Publicly traded CleanCore Solutions, Inc. (NYSE American: ZONE) announced plans to become the first company to establish a Dogecoin (DOGE) treasury. The move follows a $175 million private investment in public equity that will fund the acquisition of Dogecoin as its primary reserve asset.
CleanCore Establishes Historic Dogecoin Treasury
The company disclosed agreements for the sale of 175,000,420 pre-funded warrants priced at $1.00 each, generating gross proceeds of $175 million. Funding was secured through a combination of cash and cryptocurrencies and will directly support the Dogecoin treasury strategy.
The initiative is being launched in partnership with the Dogecoin Foundation and its commercial arm, the House of Doge. This creates the first foundation-backed Dogecoin treasury within a publicly traded company, marking a pivotal development for the cryptocurrency.
Timothy Stebbing, Director at the Dogecoin Foundation, will join CleanCore’s board of directors. He stated, “This new treasury vehicle is a fundamental step toward the House of Doge and Dogecoin Foundation's mission to bring institutional adoption to Dogecoin.”
Marco Margiotta, Chief Executive Officer of the House of Doge, will serve as CleanCore’s Chief Investment Officer. He commented, “By anchoring Dogecoin with an official foundation-backed treasury strategy, we’re setting a precedent for how public companies can align with foundations to build real utility around digital currency.”
Institutional Participation and Forward-Looking Strategy
The private placement involved more than 80 institutional and crypto-native investors. Among those participating were Pantera, GSR, FalconX, Borderless, MOZAYYX, Mythos, and Serrur & Co. LLC. Closing is expected on or about September 4, 2025, pending customary approvals from the NYSE American.
Proceeds from the offering will be allocated to acquire Dogecoin for treasury operations, while also supporting general working capital and corporate purposes. CleanCore indicated that DOGE will serve as its primary treasury reserve asset, reflecting confidence in the cryptocurrency’s expanding role in payments and tokenization.
Clayton Adams, Chief Executive Officer of CleanCore, remarked, “By anchoring our treasury with Dogecoin, in partnership with the Dogecoin Foundation and House of Doge, we’re adopting a forward-looking reserve strategy while proving how public companies can embrace bold change.”
The Dogecoin Foundation and House of Doge plan to expand institutional pathways through exchange-traded products with 21Shares. Stebbing added that building legitimacy as a currency beyond Dogecoin’s meme-inspired beginnings is critical to institutional integration.
Margiotta emphasized Dogecoin’s community-driven foundation, stating, “With CleanCore we’re creating a vehicle that we expect to unlock tremendous potential for a digital asset born from a grassroots movement that made Dogecoin and this moment possible.”
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CleanCore Solutions Becomes First Public Company to Adopt Dogecoin Treasury
CleanCore Solutions will use $175 million raised through pre-funded warrants to acquire Dogecoin, establishing the cryptocurrency as its primary treasury reserve.
Dogecoin Foundation and House of Doge will guide CleanCore’s treasury, creating the first foundation-backed DOGE treasury for a public company.
Over 80 institutional and crypto-native investors joined the private placement, signaling growing institutional support for Dogecoin as a treasury asset.
Publicly traded CleanCore Solutions, Inc. (NYSE American: ZONE) announced plans to become the first company to establish a Dogecoin (DOGE) treasury. The move follows a $175 million private investment in public equity that will fund the acquisition of Dogecoin as its primary reserve asset.
CleanCore Establishes Historic Dogecoin Treasury
The company disclosed agreements for the sale of 175,000,420 pre-funded warrants priced at $1.00 each, generating gross proceeds of $175 million. Funding was secured through a combination of cash and cryptocurrencies and will directly support the Dogecoin treasury strategy.
The initiative is being launched in partnership with the Dogecoin Foundation and its commercial arm, the House of Doge. This creates the first foundation-backed Dogecoin treasury within a publicly traded company, marking a pivotal development for the cryptocurrency.
Timothy Stebbing, Director at the Dogecoin Foundation, will join CleanCore’s board of directors. He stated, “This new treasury vehicle is a fundamental step toward the House of Doge and Dogecoin Foundation's mission to bring institutional adoption to Dogecoin.”
Marco Margiotta, Chief Executive Officer of the House of Doge, will serve as CleanCore’s Chief Investment Officer. He commented, “By anchoring Dogecoin with an official foundation-backed treasury strategy, we’re setting a precedent for how public companies can align with foundations to build real utility around digital currency.”
Institutional Participation and Forward-Looking Strategy
The private placement involved more than 80 institutional and crypto-native investors. Among those participating were Pantera, GSR, FalconX, Borderless, MOZAYYX, Mythos, and Serrur & Co. LLC. Closing is expected on or about September 4, 2025, pending customary approvals from the NYSE American.
Proceeds from the offering will be allocated to acquire Dogecoin for treasury operations, while also supporting general working capital and corporate purposes. CleanCore indicated that DOGE will serve as its primary treasury reserve asset, reflecting confidence in the cryptocurrency’s expanding role in payments and tokenization.
Clayton Adams, Chief Executive Officer of CleanCore, remarked, “By anchoring our treasury with Dogecoin, in partnership with the Dogecoin Foundation and House of Doge, we’re adopting a forward-looking reserve strategy while proving how public companies can embrace bold change.”
The Dogecoin Foundation and House of Doge plan to expand institutional pathways through exchange-traded products with 21Shares. Stebbing added that building legitimacy as a currency beyond Dogecoin’s meme-inspired beginnings is critical to institutional integration.
Margiotta emphasized Dogecoin’s community-driven foundation, stating, “With CleanCore we’re creating a vehicle that we expect to unlock tremendous potential for a digital asset born from a grassroots movement that made Dogecoin and this moment possible.”
The post CleanCore Solutions Becomes First Public Company to Adopt Dogecoin Treasury appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.