CleanCore Acquires 100M DOGE, Boosting Treasury Past 600M

CleanCore Solutions has purchased 100 million Dogecoin (DOGE), pushing its total holdings beyond 600 million DOGE as of September 16, 2025. The acquisition is part of a strategic plan to raise its DOGE treasury to 1 billion within 30 days.

The move is endorsed by the Dogecoin Foundation and House of Doge. Marco Margiotta, CEO of House of Doge, supports the initiative, highlighting Dogecoin's potential as a reserve asset and its possible uses in various sectors.

Since CleanCore's initial DOGE investment in early September, the cryptocurrency's price has risen approximately 25%, moving from ~$0.2417 to between $0.26 and $0.30. CleanCore's stock has also experienced a 9% rise following the latest DOGE purchase announcement.

The additional acquisition has impacted market confidence positively, as highlighted by Marco Margiotta. CleanCore's strategy aims to support Dogecoin's use in payments, tokenization, and staking-like products, indicating a shift toward institutional adoption. Marco Margiotta, Chief Investment Officer, CleanCore and CEO, House of Doge, said, "Reaching over 600 million DOGE marks a significant milestone and demonstrates the continued progress of our disciplined treasury strategy. Our goal is to establish Dogecoin as a premier reserve asset while supporting its broader use in payments, tokenization, staking-like products, and remittances, and we believe that our transparent accumulation approach is already contributing positively to market confidence in DOGE’s long-term potential."

CleanCore's holdings are valued at about $175 million and are secured through Bitstamp custody solutions. The purchase signifies a significant institutional interest in Dogecoin, potentially influencing broader market trends in cryptocurrency investments.

Historically, similar acquisitions, such as those by MicroStrategy or Tesla in Bitcoin, have led to notable market impacts. This move demonstrates a growing institutional embrace of Dogecoin, which might attract further regulatory scrutiny due to the coin's inflationary nature.