Dogecoin News Today: CleanCore's 710M DOGE Treasury Aims to Elevate Dogecoin as Global Reserve Asset

CleanCore Solutions (NYSE American: ZONE) has expanded its Dogecoin (DOGE) treasury to over 710 million tokens, representing a significant milestone in its acquisition strategy. The company disclosed in a press release that its holdings now account for more than $20 million in unrealized gains, with the treasury's value rising alongside DOGE's price movement. The initiative, launched on September 5, 2025, has been funded by a $175 million private placement, with purchases executed in a phased approach to align with long-term market goals .

The treasury's growth is supported by partnerships with the Dogecoin Foundation and its corporate arm, House of Doge, which aim to enhance DOGE's utility and adoption. CleanCore's CEO, Clayton Adams, emphasized that the strategy aligns with the vision of expanding Dogecoin's role as a global digital asset. "Our Treasury strategy is closely aligned with the long-term vision of insiders and the House of Doge, which emphasizes expanding utility as a catalyst for broader adoption and sustained demand for Dogecoin," Adams stated. The company's current holdings represent 71% of its initial target of acquiring 1 billion DOGE .

Financial details reveal that CleanCore's treasury has been accumulating DOGE at an average price of $0.2417 to $0.27 per token, reflecting a strategic focus on disciplined capital deployment. The firm's shares have shown mixed performance, with ZONE shares down approximately 32% monthly despite DOGE's 18% gain in the same period. Analysts attribute this divergence to broader market dynamics and investor sentiment toward corporate treasuries .

The treasury's expansion has also drawn attention to its governance structure. CleanCore has partnered with Bitstamp by Robinhood as the designated trading venue for treasury transactions, ensuring transparency and regulatory compliance. This collaboration aims to strengthen the treasury's credibility and operational efficiency while positioning DOGE as a reserve asset. Additionally, the company has engaged legal expertise from Elon Musk's personal lawyer, Alex Spiro, to oversee corporate governance and investor relations .

Looking ahead, CleanCore's strategy includes further scaling its DOGE holdings to 5% of the token's circulating supply, a move intended to solidify its role as a central treasury for the Dogecoin ecosystem. The company's phased approach to accumulation is designed to avoid market distortions while supporting long-term price stability. "Our approach goes beyond a simple NAV play. We are working closely with House of Doge to jointly advance the Dogecoin ecosystem through professional treasury governance," Adams added .

The press release also highlights the broader implications of institutional adoption for Dogecoin. As more corporations and investors explore digital asset diversification, DOGE's liquidity and global network position it as a viable transactional currency and reserve asset. CleanCore's initiative is part of a growing trend to anchor cryptocurrencies with real-world utility, a shift that could influence market confidence and adoption rates.

Source: [1] CleanCore's Dogecoin Treasury Tops 710M Tokens, Booking $20M+ Gain (https://www.coindesk.com/business/2025/10/07/cleancore-s-dogecoin-treasury-tops-710m-tokens-booking-usd20m-gain) [2] Dogecoin Treasury Firm CleanCore Boosts Holdings With DOGE ... (https://finance.yahoo.com/news/dogecoin-treasury-firm-cleancore-boosts-144530381.html) [3] CleanCore Solutions Provides Dogecoin Treasury Update; Current ... (https://investingnews.com/cleancore-solutions-provides-dogecoin-treasury-update-current-holdings-include-710m-doge-with-over-20-million-in-unrealized-gains/) [4] CleanCore Acquires Additional 100 Million DOGE ... - Markets Insider (https://markets.businessinsider.com/news/stocks/cleancore-acquires-additional-100-million-doge-expanding-digital-asset-treasury-to-over-600-million-doge-1035152102) [5] Dogecoin treasury firm CleanCore adds 100 million more DOGE, ... (https://www.theblock.co/post/370872/dogecoin-treasury-firm-cleancore-100-million-more-doge)