Dogecoin News Today: CleanCore's Crypto Push: Stock Plummets 32% While Dogecoin Rises 10% on Institutional Adoption

CleanCore Solutions, Inc. (NYSE American: ZONE) has announced that its Official Dogecoin Treasury now holds over 710 million Dogecoin (DOGE), representing more than $20 million in unrealized gains since its launch on September 5, 2025. The company is pursuing a disciplined, phased accumulation strategy aimed at reaching a milestone of 1 billion DOGE. This initiative, backed by a $175 million private placement, aligns with CleanCore's long-term vision to enhance Dogecoin's utility as both a transactional currency and a reserve asset. The treasury is managed in collaboration with the Dogecoin Foundation's corporate arm, House of Doge, and executed through Bitstamp by Robinhood, a regulated trading platformCleanCore Solutions Provides Dogecoin Treasury Update^[1].

CleanCore's strategy emphasizes transparency and resilience, with the company maintaining sufficient liquidity to continue acquiring DOGE. As of October 6, 2025, the treasury's holdings have grown from 500 million DOGE in early September to 710 million, reflecting a rapid accumulation pace. The CEO, Clayton Adams, highlighted that the approach is designed to drive net asset value (mNAV) accretion while supporting broader adoption of Dogecoin. "Our Treasury strategy is closely aligned with the long-term vision of expanding Dogecoin's utility as a catalyst for sustained demand," Adams stated. The company also noted that insiders and affiliates of House of Doge hold a significant portion of the treasury's shares, most of which remain restricted or locked up during the SEC registration processDOGE Treasury News: CleanCore (ZONE) Tops Up Holdings^[2].

The market reaction to CleanCore's treasury expansion has been mixed. While the company's stock (ZONE) surged initially in September, it has since declined by over 32% in the past month, reflecting investor skepticism about its aggressive shift to a crypto-centric model. Meanwhile, Dogecoin's price has shown resilience, gaining approximately 10% in the week following the announcement. Analysts attribute this to growing institutional interest in Dogecoin treasuries, with CleanCore's initiative positioning the meme coin as a potential long-term reserve asset. The company's phased accumulation strategy contrasts with passive holding models, aiming instead to integrate Dogecoin into real-world applications such as payments and remittancesCleanCore Solutions Dogecoin Treasury Surpasses 710M DOGE^[3].

Regulatory engagement remains a key focus for CleanCore. The company is working with the SEC to register shares from its private placement, ensuring compliance with securities laws. This aligns with broader trends in the digital asset treasury (DAT) sector, where over 200 companies have adopted crypto strategies in 2025. CleanCore's emphasis on transparency, including detailed disclosures on restricted shares and governance, sets it apart from peers. The partnership with Bitstamp by Robinhood further enhances regulatory confidence, providing a secure and regulated environment for treasury transactionsDogecoin Treasury of CleanCore Solutions Exceeds 710M DOGE^[4].

Looking ahead, CleanCore aims to unlock additional utility for Dogecoin through initiatives led by House of Doge. These include expanding infrastructure for real-world use cases, developing financial products, and fostering cultural partnerships. The company's approach extends beyond mere asset accumulation, seeking to establish Dogecoin as a stable, widely accepted digital currency. As it nears its 1 billion DOGE target, CleanCore's strategy will be scrutinized for its ability to balance market volatility with long-term value creation. The success of this initiative could influence broader adoption of Dogecoin as a global digital asset, reinforcing its role in the evolving financial ecosystemKey capital market trends: Digital asset treasuries - DLA Piper^[5].