CleanCore Raises $175,000,420 To Establish Official Dogecoin Treasury

CleanCore Solutions (NYSE:ZONE) on Tuesday announced a $175,000,420 private placement to build the first official Dogecoin (CRYPTO: DOGE) Treasury, established in partnership with the Dogecoin Foundation and the House of Doge.

The deal, consisting of 175,000,420 pre-funded warrants priced at $1.00 each, is expected to close on Sep. 4.

The transaction, supported by over 80 institutional and crypto-native investors including Pantera, GSR, FalconX, and Borderless, will make Dogecoin the company’s primary treasury reserve asset.

Proceeds will be used to acquire DOGE, advancing a strategy to institutionalize the cryptocurrency and accelerate adoption.

Alex Spiro

Full story available on Benzinga.com