Dogecoin Treasury Firm CleanCore's Stock Hits New Low as DOGE Dives

CleanCore Solutions, a publicly traded firm, reported a 78% drop in its stock price, hitting a new low after announcing significant year-over-year losses in its fiscal Q1 2026 results. The company has amassed 733.1 million Dogecoin (DOGE) worth approximately $117.5 million while partnering with House of Doge, the commercial arm of the Dogecoin Foundation, for its treasury strategy. Despite doubling its revenue year-over-year, CleanCore faced a substantial net loss of $13.4 million due to one-time expenses related to the DOGE treasury strategy. The plummet in DOGE’s value, which has seen more than a 21% drop over the last month, is impacting investor sentiment towards CleanCore. The stock, traded under ZONE on NYSE American, closed at $0.373, down nearly 12% following the financial report. CleanCore aims to enhance DOGE's utility for real-world payments and positioning it as a trusted reserve asset in digital finance, signaling a strategic commitment despite current financial challenges.

Source 🔗