CleanCore Reaches Major Milestone with Dogecoin Accumulation Strategy
CleanCore Solutions has achieved a significant benchmark in its ambitious Dogecoin acquisition campaign. On Thursday, the firm added another $130 million worth of DOGE to its holdings, bringing the total to over 500 million coins.
This achievement marks the halfway point toward its goal of accumulating 1 billion DOGE within 30 days. Previous purchases include 285.42 million DOGE on September 8th.
The initiative aims to secure up to 5% of Dogecoin’s circulating supply long-term. CleanCore’s efforts involve thier DOGE treasury, a project co-developed with the Dogecoin Foundation and its partner, House of Doge.
Marco Margiotta, CleanCore’s Chief investment Officer, hopes this strategy will boost DOGE’s status as a leading reserve asset. It will also enhance its practical use in areas like payment systems,tokenization,and staking platforms.
The campaign started despite a 60% price drop after announcing a $175 million private placement for DOGE investments. Yet, CleanCore’s stock (ZONE) is still up by over 200%.
Simultaneously occurring, anticipation grows around the first spot Dogecoin ETF launch.Initially set to debut earlier, the Rex-Osprey Doge ETF (DOJE) is now expected to launch next week, possibly on Thursday.
- CleanCore passed the 500 million DOGE mark after a fresh $130 million purchase.
- The company aims to own 1 billion DOGE by early October.
- The Rex-Osprey Doge ETF (DOJE) may launch next week.