Dogecoin News Today: CleanCore's DOGE Hoard Near Target, Stock Slumps Amid Debt-Funded Skepticism

CleanCore Solutions has accelerated its Dogecoin (DOGE) accumulation strategy, amassing 710 million tokens valued at approximately $174 million as of October 7, 2025, representing 71% of its 1 billion DOGE target for 30 days. The treasury, backed by the Dogecoin Foundation's House of Doge and executed via Bitstamp by Robinhood, has generated over $20 million in unrealized gains. CEO Clayton Adams emphasized the initiative's alignment with expanding Dogecoin's utility as a global digital asset, while CIO Marco Margiotta highlighted the firm's execution speed and institutional support, including $175 million from a private placement involving 80+ institutional investorstitle1^[1].

The accumulation strategy has drawn high-profile partnerships, including Alex Spiro, Elon Musk's attorney, joining CleanCore's board in September. Spiro's involvement follows a $175 million capital raise and precedes the firm's goal to secure 5% of Dogecoin's circulating supply. House of Doge, the corporate arm of the Dogecoin Foundation, collaborates on initiatives to enhance real-world use cases, such as payments and tokenizationtitle3^[3]. Bitstamp's role as the designated trading venue underscores the firm's focus on regulated transactions and potential yield-bearing opportunitiestitle1^[1].

Despite treasury growth, CleanCore's stock (ZONE) has declined 8.44% to $2.06, mirroring trends in crypto treasury companies where share prices often lag asset values. The stock remains up 60% year-to-date but trades below net asset value. Analysts attribute the divergence to market skepticism around debt-funded buybacks and operational cash flow challenges, despite Q4 2025 revenue reaching $1.1 milliontitle1^[1].

Technical analysis suggests Dogecoin's price trajectory could test critical levels. Currently trading at $0.24983, DOGE hovers near an ascending trendline support of $0.15, with failed breakout attempts at $0.28 creating a supply wall. Analysts like MikybullCrypto note historical patterns where consolidation phases precede sharp rallies, projecting a potential $1 target if the coin holds $0.24–$0.25 supporttitle6^[6]. However, a breakdown below $0.20–$0.22 could extend the consolidation periodtitle4^[4].

Institutional tailwinds are emerging, including Bitwise Asset Management's amended S-1 filing for a Dogecoin ETF. The fund, secured by Coinbase Custody, aims to institutionalize access to DOGE, aligning with CleanCore's vision of the token as both a transactional and reserve asset. Meanwhile, corporate adoption of Dogecoin lags behind Bitcoin, where public treasuries hold 1.04 million BTC worth $126 billiontitle1^[1]. CleanCore's accumulation pace-adding 100 million DOGE in a week-positions it as the largest single DAT, though broader market skepticism persists around leveraged buybacks and valuation premiumstitle1^[1].