Bitcoin News Today: C2 Blockchain Accumulates 21.3 Million DOG Coins, Boosting Holdings by 64.5%

C2 Blockchain Inc., a publicly traded blockchain infrastructure company, has made significant strides in the cryptocurrency market by aggressively accumulating DOG coin, a memecoin native to the Bitcoin blockchain. The company recently announced the purchase of 21.3 million DOG coins, bringing its total holdings to over 54 million tokens. This move positions C2 Blockchain as one of the largest public holders of DOG coin, drawing comparisons to MicroStrategy’s Bitcoin treasury strategy.

C2 Blockchain’s approach to DOG coin accumulation is marked by transparency and a long-term commitment. The company has set a goal to increase its DOG holdings to 200 million tokens and has established a dedicated portal, C2DOG.com, for real-time tracking of its DOG coin reserves. This transparency is aimed at building trust among shareholders, traders, and the broader crypto community. The company has also clarified that it has no official affiliation with the DOG of Bitcoin Foundation and that all DOG tokens have been acquired through open-market purchases.

DOG coin, previously known as DOG•GO•TO•THE•MOON (Runes), has undergone significant transformations, both in name and relevance within the crypto ecosystem. Built on a Bitcoin-native protocol and secured by the Bitcoin blockchain, DOG coin stands out as the leading meme asset rooted directly in Bitcoin’s architecture. Its fixed supply of 100 billion tokens and an active community have given it cultural credibility that traditional meme tokens often lack. The recent rebranding and network alignment of DOG coin are seen as strategic steps to position it more seriously in both retail and institutional circles.

The dynamic performance of DOG coin, with a three-month gain of 168.4% despite recent dips, has caught the attention of investors. Its market cap stands just over $408 million, with active market engagement even as prices fluctuate. Although DOG is still down nearly 60% from its all-time high, it remains up over 300% from its April 2025 low, showcasing high volatility but strong upside potential. This performance may be one of the key reasons C2 Blockchain has identified DOG as a strategic treasury asset.

Whether DOG Coin will experience a sustained rise remains uncertain, but C2 Blockchain’s actions suggest a strong belief in its future value. As more investors seek exposure to memecoins with both cultural impact and blockchain legitimacy, DOG coin may be emerging as a serious contender beyond just hype. While volatility remains a concern, C2’s accumulation pattern implies a long-term bet on DOG’s growing role in Bitcoin’s extended narrative. With institutional interest mounting and market activity staying hot, traders are watching closely to see whether DOG really will go to the moon.