Dogecoin Treasury Firm CleanCore Boosts Holdings With DOGE Price Up 12%

CleanCore, a publicly traded dogecoin treasury firm, has increased its holdings to over 710 million DOGE, valued at approximately $182 million. This comes as the price of dogecoin rises, with CleanCore reporting unrealized gains exceeding $20 million. The company, which aims for an initial target of 1 billion DOGE, has emphasized the importance of its treasury strategy in promoting broader adoption of dogecoin as a digital asset, linking its efforts with the House of Doge—a branch of the Dogecoin Foundation focused on enhancing the token’s global presence. CleanCore's partnership with Elon Musk’s lawyer, Alex Spiro, as chairman of its board further reinforces its strategic direction. While shares of CleanCore have seen a 7% rise recently, they remain down by 32% over the past month. Despite the fluctuations, the firm's aggressive accumulation strategy positions it well within the evolving cryptocurrency landscape, reflecting a significant trend in institutional investments in dogecoin.

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