DOGE treasury CleanCore is now halfway to its 1B Dogecoin target
CleanCore Solutions has reached the halfway point of its goal to accumulate a treasury of 1 billion Dogecoin (DOGE). After purchasing $130 million in DOGE, the company now holds over 500 million DOGE, up from 285.42 million earlier in the week. CleanCore aims to secure 5% of DOGE’s circulating supply long-term and intends to enhance the asset's utility in payments and tokenization. Following a significant drop in stock prices due to the treasury announcement, the company managed to stabilize and saw its shares rise by nearly 12% in after-hours trading. Despite recent fluctuations, shares have risen 201.52% this year, backed by a 26% increase in revenue in the last quarter. Meanwhile, the launch of the Rex-Osprey Doge ETF has been delayed, with expectations of it starting next week.
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