CleanCore Solutions becomes the largest corporate holder of DOGE
CleanCore Solutions, a company listed on the New York Stock Exchange, has purchased 285,420,000 DOGE for $68 million, becoming the largest holder of the meme token.
This acquisition marks the first step toward CleanCore’s strategic goal of accumulating 1 billion DOGE within 30 days and eventually owning 5% of the total supply of the memecoin.
According to the company, CleanCore’s Dogecoin treasury, supported by the Dogecoin Foundation and its corporate arm House of Doge, is “intended for the strategic accumulation of DOGE to support its adoption and real-world use cases,” including payments, tokenization, staking-like products, and international money transfers.
As part of the deal, Timothy Stebbing, Director of the Dogecoin Foundation and CTO of House of Doge, has joined the CleanCore board of directors. House of Doge and 21Shares are serving as treasury strategy advisors, assisting CleanCore in executing its accumulation plan.
Following the purchase, CleanCore became the largest corporate holder of Dogecoin and attracted strong market attention — the company’s stock rose 38% in after-hours trading.
The memecoin itself also climbed. Over the past 24 hours, it gained more than 2.9% to $0.2408, while its weekly increase reached nearly 13%.
See also: "Vietnam launches state-controlled crypto trading"
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