Bit Origin Soars 41.84% on Dogecoin Acquisition Plan

On July 18, 2025, Bit Origin surged by 41.84% in pre-market trading, marking a significant rise in its stock price.

Bit Origin has announced an ambitious plan to raise up to $500 million to acquire Dogecoin, signaling a strategic shift in its corporate crypto strategy. The company aims to hold Dogecoin long-term to increase asset value by raising the amount of money held per share. This move is part of a broader trend of institutional crypto adoption, where major corporations are increasingly integrating digital assets into their portfolios and strategies.

Bit Origin's entry into Dogecoin holdings is not merely symbolic; it is part of a wider ambition to enhance shareholder value. By securing $500 million in equity and debt facilities, Bit Origin is positioning itself to become a significant player in the Dogecoin market. This strategic move underscores the company's confidence in the long-term value and utility of Dogecoin, aligning with a forward-thinking, tech-centric vision.