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CleanCore Invests $68 Million to Establish Dogecoin Treasury, Stock Price Surges 40% After Hours
Summary: In a recent announcement, US-listed company CleanCore Solutions (ticker: ZONE) revealed that it has purchased 285.4 million Dogecoin tokens (equivalent to $68 million), making it the largest Dogecoin digital asset treasury company to date. The company plans to increase its holdings to 1 billion tokens within 30 days. This treasury was established through a collaboration ...
In a recent announcement, US-listed company CleanCore Solutions (ticker: ZONE) revealed that it has purchased 285.4 million Dogecoin tokens (equivalent to $68 million), making it the largest Dogecoin digital asset treasury company to date. The company plans to increase its holdings to 1 billion tokens within 30 days. This treasury was established through a collaboration between CleanCore and House of Doge, a subsidiary of the Dogecoin Foundation, with the goal of promoting Dogecoin as a 'people's currency' for global adoption. Following the news, CleanCore's stock price closed at $3.51 on Monday, surging 40% after hours and reaching a market value of approximately $500 million. Meanwhile, Dogecoin's price also rose by around 7% to $0.24, with a market cap exceeding $36 billion, ranking it as the seventh largest cryptocurrency. Market reports suggest that the first Dogecoin ETF could potentially launch as early as this week.
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Link: CleanCore Invests $68 Million to Establish Dogecoin Treasury, Stock Price Surges 40% After Hours [Copy]
