Bitcoin News Today: C2 Blockchain Stakes Claim in Bitcoin’s Meme-Driven Future with Expanded DOG Treasury

C2 Blockchain Inc. (OTC:CBLO) has acquired an additional 27,037,152 DOG coins, increasing its total holdings to 364,364,694 DOG coins. This acquisition brings the company closer to its stated goal of securing 500 million DOG coins, which represents 0.5% of the total supply. The move aligns with the company's strategy to integrate Bitcoin-native digital assets into traditional capital market structures, with DOG coin at the center of this effort.

DOG coin, built on the Runes protocol, is unique in that it operates natively on the Bitcoin blockchain, distinguishing it from other meme tokens that reside on alternative blockchains. This architecture enables DOG transactions to settle directly on Bitcoin’s network, contributing to increased mining fee revenue and enhancing the network’s economic sustainability as block subsidies decrease. Levi Jacobson, C2 Blockchain’s CEO, emphasized that this approach reinforces the company’s role as a pioneer in bridging meme-driven communities with institutional-grade blockchain infrastructure.

The acquisition reflects a broader trend in the Bitcoin ecosystem, where the integration of programmable tokens like DOG is reshaping the utility of Bitcoin. As of recent industry reports, total value locked (TVL) in Bitcoin DeFi protocols has surged by 2,000% since the April 2024 halving. This growth has been supported by developments such as the Runes Exchange Environment (REE), a new open-source trading platform that facilitates fast and secure transactions for assets like DOG. Additionally, Babylon Labs reported a $1 billion increase in TVL for its Bitcoin staking protocol, now reaching nearly $6 billion as of August 22, further underscoring the momentum in Bitcoin-based DeFi.

C2 Blockchain is currently developing a 14-megawatt Bitcoin mining facility and managing a diversified portfolio of digital assets, including DOG Coin and other Bitcoin-native instruments. The company’s objective is to deliver long-term value to shareholders through strategic asset acquisition, infrastructure development, and innovation in Web3 technologies. By expanding its DOG treasury, C2 Blockchain aims to offer direct exposure to its shareholders while simultaneously supporting the broader Bitcoin network’s security and transaction ecosystem.

The recent Runes Asia 2025 conference in Hong Kong highlighted the growing significance of Bitcoin metaprotocols like Runes. The event attracted over 1,500 attendees and featured discussions on liquid staking frameworks, asset issuance systems, and the cultural impact of meme-driven communities such as the DOG ecosystem. These developments signal a shift toward more accessible and intuitive trading environments, which could further benefit assets like DOG by increasing their visibility and usability. As the Bitcoin DeFi landscape continues to evolve, C2 Blockchain’s strategic investments in DOG and related infrastructure may position it as a key player in the next phase of Bitcoin’s utility expansion.

Source: [1] C2 Blockchain Announces Expansion of DOG Coin Treasury to 364.3M (https://www.theglobeandmail.com/investing/markets/markets-news/ACCESS%20Newswire/34562723/c2-blockchain-announces-expansion-of-dog-coin-treasury-to-364-3-million/) [2] Dog (Bitcoin) Price, DOG to USD, Research, News (https://messari.io/project/dog-go-to-the-moon-runes) [3] C2 Blockchain Expands DOG Coin Holdings to 364.3M (https://www.stocktitan.net/news/CBLO/c2-blockchain-announces-expansion-of-dog-coin-treasury-to-364-3-g63u8wvcqvpz.html)