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The CleanCore Dogecoin treasury has quickly emerged as the largest single Dogecoin holding in operation, following CleanCore Solutions, Inc.’s acquisition of 285,420,000 DOGE worth $68 million. Announced this week, the purchase marks a milestone in corporate crypto strategy, with the New York Stock Exchange-listed company aiming to accumulate 1 billion DOGE within 30 days.
In the longer term, the CleanCore Dogecoin treasury is targeting ownership of 5% of Dogecoin’s circulating supply — a move that could reshape institutional adoption of the meme-turned-mainstream cryptocurrency.
“Establishing the CleanCore Dogecoin treasury is about more than balance sheet diversification. It’s about building real-world use cases for DOGE in payments, remittances, and tokenization,” — Timothy Stebbing, Director at the Dogecoin Foundation and CTO of House of Doge, said in a statement.
The CleanCore Dogecoin treasury strategy is underpinned by a $175 million private investment in public equity (PIPE) completed earlier this month. More than 80 institutional investors participated in the raise, including Pantera Capital, GSR, MOZAYYX, and FalconX.
According to CleanCore, these funds will be used not only for DOGE acquisition but also to strengthen its corporate operations and infrastructure. The involvement of established firms underscores a growing appetite for alternative digital assets beyond Bitcoin and Ethereum.
“Dogecoin is moving from internet culture to institutional portfolios,” — Alex Grant, Partner at Pantera Capital, told CoinDesk. “The CleanCore Dogecoin treasury demonstrates how serious corporations are about integrating DOGE into mainstream finance.”
House of Doge and exchange-traded product issuer 21Shares are serving as advisors, guiding CleanCore’s phased accumulation plan and long-term treasury strategy.
News of the CleanCore Dogecoin treasury sparked an immediate reaction in equity markets. CleanCore’s shares surged 38% in after-hours trading, reflecting investor confidence in the company’s strategic direction.
At the same time, DOGE is trading near $0.24, having recently broken out of a symmetrical triangle chart pattern. Analysts suggest that if the cryptocurrency successfully retests support at the former resistance trendline, it could rally toward $0.33. The CleanCore Dogecoin treasury accumulation plan may further influence trading sentiment in the weeks ahead.
“Large-scale corporate buying, especially when it comes from a public company like CleanCore, can provide the kind of liquidity support that keeps retail and institutional investors engaged,” — Marta López, Senior Market Analyst at Bitfinex, told Bloomberg.
The CleanCore Dogecoin treasury is backed by the Dogecoin Foundation and its corporate arm, House of Doge, signaling a coordinated effort to expand DOGE’s role in global finance. The treasury is expected to support staking-like products, cross-border remittances, and payment solutions — areas where Dogecoin’s speed and low fees could offer advantages over rivals.
By aligning itself with both institutional capital and the Dogecoin community, the CleanCore Dogecoin treasury is positioning DOGE as more than just a speculative asset. Instead, it represents a push to integrate Dogecoin into practical, large-scale financial ecosystems.
With CleanCore targeting control of 5% of DOGE’s circulating supply, the company is also setting a precedent for how public firms might leverage meme-based assets as strategic reserves. If successful, the CleanCore Dogecoin treasury could inspire similar moves from other corporates looking to diversify holdings and engage new digital-native markets.
