CleanCore spends $68 million to buy Dogecoin, and the stock price surges 40% in after-hours trading.

By: theblockbeats.news|2025/09/09 08:22:42
0
Share
copy

BlockBeats News, September 9th, According to The Block, CleanCore Solutions (stock code: ZONE) stated on Monday that the company had acquired 285,420,000 Dogecoins (DOGE), worth approximately $68 million, and established the largest Dogecoin Digital Asset Treasury (DAT) in "less than a week." ZONE's stock price closed at $3.51 per share on Monday, and post-market trading surged 40%.

The statement said that the establishment of this treasury was "in anticipation of the utility improvements and adoption growth driven by the newly established corporate division House of Doge of the Dogecoin Foundation." CleanCore also stated that the company plans to accumulate up to 1 billion DOGE in the next 30 days.

Last week, House of Doge announced a partnership with CleanCore, listed on the New York Stock Exchange, to jointly establish the "Official Dogecoin Treasury" and plans to support token acquisitions through a $175 million PIPE financing.

You may also like

More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto

This is not just a disdain for financial nihilism, but also a migration of talent, capital, and attention that is currently happening.

JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?

Wall Street giants adjust gold price expectations, Matrixdock proposes the concept of Reserve Layer: tokenized gold XAUm, with its institutional-grade compliance structure, is evolving into the underlying reserve asset of on-chain finance.

dFans: OnlyFans of the AI Era

As the industrialization capability of AI video matures, the "industrialization singularity" of AI content creation has arrived. Tools like OpenAI, Google Veo, and Runway have achieved controllable creation, significantly lowering the barriers to content production. AI content creators are emerging ...

Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain

TRON Industry Weekly Report

From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets

Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.

How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival

Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.

Popular coins

Latest Crypto News

Read more