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Cleancore Adds 100M DOGE, Treasury Tops 600M

CN
bitcoin.com
9 hours ago

The Omaha-based company said the purchase is part of its near-term goal to accumulate up to 1 billion DOGE within 30 days. Its treasury, backed by the Dogecoin Foundation and House of Doge, launched Sept. 5.

Cleancore said its longer-term objective is to acquire up to 5% of dogecoin’s circulating supply. The company explained that it positions itself as a central treasury for the dogecoin ecosystem as more institutions and corporations consider digital asset diversification.

Marco Margiotta, Cleancore’s chief investment officer and chief executive officer of House of Doge, said the milestone highlights the company’s disciplined strategy toward accumulating the meme coin.

“Our goal is to establish Dogecoin as a premier reserve asset while supporting its broader use in payments, tokenization, staking-like products, and remittances,” Margiotta said in a statement.

Cleancore further noted that its transparent approach aims to build confidence in dogecoin’s long-term role. The company views the asset as both transactional and a potential reserve currency.

The latest purchase follows a 285.4 million DOGE acquisition on Sept. 8 and the surpassing of 500 million DOGE on Sept. 11. Since the treasury’s launch, dogecoin’s price has climbed from about 24 cents to the 27–30 cent range, a move Cleancore links to market sentiment surrounding its strategy.

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