CleanCore Nears 1B DOGE Goal with $188M Treasury Boost

3 hours ago

Newsroom

Why is CleanCore betting big on Dogecoin with 710M DOGE and $188M?

How close is CleanCore to achieving its 1 billion DOGE goal?

What could CleanCore’s massive Dogecoin investment mean for the crypto market?

CleanCore Nears 1B DOGE Goal with $188M Treasury Boost — Image source: Unblock Media

CleanCore amasses 710M DOGE with $20M in unrealized gains.
The firm works with SEC amid broader crypto treasury scrutiny.

On October 7, 2025, CleanCore Solutions, a Dogecoin-focused digital asset treasury firm, announced that it holds over 710 million DOGE, valued at approximately $188 million, as reported by GlobeNewswire and Investing.com. This significant accumulation follows a $175 million private placement finalized on September 5, 2025, which the company used to advance its plans to acquire 1 billion DOGE.

The announcement highlighted $20 million in unrealized gains resulting from the DOGE holdings, which have benefited from recent bullish price movements. Following CleanCore’s disclosure, Dogecoin surged past $0.26, reflecting renewed investor confidence. On-chain data revealed large-scale accumulation by institutional holders or “whales,” which analysts have linked to a broader rise in market sentiment.

CleanCore outlined its strategy to enhance Dogecoin’s utility and stability, focusing on treasury governance and yield-generation initiatives. The firm has partnered with House of Doge to bolster Dogecoin’s ecosystem and aims to make the token viable beyond speculative trading. This initiative aligns with broader efforts to position Dogecoin as a value-driven asset in the cryptocurrency space.

Meanwhile, regulatory scrutiny of the digital asset treasury sector has intensified. The SEC and FINRA are investigating over 200 companies employing crypto treasury strategies due to abnormal trading patterns following public announcements. CleanCore’s CEO, Clayton Adams, shared that the firm is working with the SEC to register shares from its recent private placement and is closely monitoring short interest in its stock. Adams emphasized that many shares from the placement are restricted or locked-up, underscoring the firm’s commitment to transparency amid heightened oversight.

As of October 7, 2025, Dogecoin (DOGE) is trading at $0.253, with a 4.61% decrease in price over the past 24 hours, according to CoinMarketCap. DOGE’s 24-hour trading volume increased by 38.47%, reflecting strong market activity. Market data was last updated at 15:11 UTC.