Corporate Treasury Goes Crypto: CleanCore’s $68M Dogecoin Bet Shakes Market

• CleanCore Solutions Inc. has purchased 285.42 million Dogecoin for $68 million in corporate treasury allocation.
• Institutional demand has surged with whales acquiring 240 million DOGE in 24 hours.

CleanCore Solutions Inc. shows interest in DOGE, investing in the purchase of 285.42 million tokens. The company, which trades on the NYSE American under the symbol ZONE, spent approximately $68 million on this purchase.

BREAKING:

DOGECOIN WHALES PURCHASED OVER 210 MILLION $DOGE IN THE LAST 24HRS pic.twitter.com/hzlsasF954

— CEO (@Investments_CEO) September 8, 2025

According to the firm’s plans, it expects to accumulate one billion DOGE tokens by next month. This move establishes CleanCore as the largest corporate holder of Dogecoin.

Chief Investment Officer Marco Margiotta explained the decision. He stated that the treasury strategy matches the outlook of House of Doge, where expanded use could drive wider acceptance. Margiotta serves as CEO of both CleanCore and House of Doge.

“Our treasury strategy is aligned with the forward-looking vision of House of Doge, where increased utility is expected to translate into broader adoption, making Dogecoin more in demand as a global digital asset,” – Marco Margiotta

Interest in Dogecoin from institutional buyers has increased. Blockchain data indicates that large holders obtained more than 240 million DOGE in a 24-hour period. Elon Musk’s ongoing endorsement contributes to this activity.

Multiple investment firms have submitted applications for spot Dogecoin exchange-traded funds. These firms include Bitwise Asset Management, Grayscale Investments, 21Shares, and REX Shares alongside Osprey Funds.

Dogecoin’s market value has risen following a downward phase. DOGE increased more than 7% to reach $0.24 during North American trading on September 8. Its complete market valuation measures about $36.2 billion, with $3.5 billion traded daily.

Market evaluation proposes that DOGE might continue gaining value. DOGE has moved past a sustained downward pattern. This change suggests the potential to approach its highest recorded price level, reflecting shifting tides in its market behavior.

Dogecoin (DOGE) is priced at $0.2396, marking a 0.55% increase over the past 24 hours and a 12.54% gain in the last 7 days. The market capitalization stands at $36.14 billion, based on a circulating supply of approximately 150.79 billion DOGE. The 24-hour trading volume has reached $4.1 billion, reflecting rising activity across centralized exchanges such as Binance, OKX, and Coinbase.

From a technical standpoint, DOGE is trading between $0.2341 and $0.2481, with short-term momentum favoring buyers. The current price is trending near the upper bound of its recent range.

This places DOGE near its short-term resistance zone at $0.245–$0.248, while support is forming near $0.232. If the price breaks above $0.25 with sufficient volume, the next target is expected around $0.265. A rejection could bring it back toward the $0.225–$0.228 band.

While no direct link has been confirmed, this treasury formation coincides with growing rumors of a possible DOGE-based Exchange Traded Fund (ETF) in the U.S. Although regulatory filings have yet to surface, the speculation alone has added upward pressure to price movement over the past week. ETHNews analysts caution, however, that without formal action from the SEC, these gains could face resistance in the near term.

At the same time, DOGE continues to trend near the $0.24 level, up more than 12% over the past 7 days. Trading volume remains elevated, surpassing $4 billion in 24-hour activity. This price movement aligns with the narrative around institutional participation and possible retail anticipation of DOGE’s legitimization via ETFs.

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