CleanCore Dives Into Dogecoin With Massive $68 Million Purchase
NYSE-listed CleanCore Solutions, Inc. has made a bold move by acquiring 285,420,000 dogecoin (DOGE) worth $68 million. This acquisition positions CleanCore as the world’s largest single holder of Dogecoin.
The company aims to amass 1 billion DOGE within a month and ultimately control 5% of the coin’s circulating supply. This plan is supported by a recent $175 million private investment led by major players like Pantera Capital and FalconX.
- Goal: Hold 5% of DOGE supply
- Timeframe: Within 30 days
- Support: Backed by over 80 institutional investors
CleanCore’s strategy involves boosting DOGE usage in various areas such as payments, tokenization, and international money transfers. The project has backing from the Dogecoin Foundation and House of Doge, emphasizing its commitment to driving DOGE adoption.
Post-acquisition, DOGE’s price is hovering near $0.24.A technical pattern suggests a potential rise to $0.33 if support holds firm.
Due to this strong endorsement, CleanCore’s stock surged 38% in after-hours trading. Timothy Stebbing, a key figure in the Dogecoin Foundation, also joined CleanCore’s board, adding further credibility to the project. House of Doge and 21Shares are guiding the strategy to ensure accomplished accumulation and growth.
