Bit Origin, a company originally based in China and known for pork processing before pivoting to Bitcoin mining, has made a notable move in its digital asset investment strategy by acquiring 40.5 million Dogecoin (DOGE).

Bit Origin是一家最初位于中国的公司，在旋转比特币采矿之前以猪肉加工而闻名，通过收购4050万多氏（Doge），通过收购4050万个Dogecoin（Doge），对其数字资产投资策略做出了明显的行动。

CEO Jinghai Jiang announced the acquisition as the inaugural step in Bit Origin’s crypto treasury initiative, which is supported by a $500 million capital raise through share sales and debt offerings.

首席执行官Jinghai Jiang宣布这项收购是Bit Oright的Crypto财政部倡议的首个步骤，该倡议通过股票销售和债务提供了5亿美元的资本筹集。

At an average purchase price of $0.24 per Dogecoin, Bit Origin invested approximately $9.9 million in the meme cryptocurrency. According to data from Nansen, Dogecoin is currently trading near $0.26.

Bit Origin以平均购买价格为0.24美元，在Meme加密货币上投资了约990万美元。根据Nansen的数据，Dogecoin目前的交易价格接近0.26美元。

Bit Origin has connections to MineOne Partners Limited, a crypto mining firm with ties to China. MineOne Partners previously faced a forced property exit in Wyoming in 2024 due to security concerns related to its proximity to a nuclear missile base. Bit Origin has been involved with MineOne since 2022, supporting its mining operations in Cheyenne, Wyoming.

BIT Origin与Mineone Partners Limited有联系，Mineone Partners Limited是一家与中国有联系的加密货币矿业公司。 MineOne Partners此前在2024年在怀俄明州的强迫财产退出，因为与核导弹基地相关的安全问题。自2022年以来，Bit Origin与Mineone涉及，支持其在怀俄明州夏安的采矿业务。

Prior to his leadership at Bit Origin, Jiang served as a director at MineOne Partners. He joined Bit Origin in 2021 as COO and later became CEO. The company has transitioned from its origins in slaughtering and pork distribution to a crypto-focused enterprise.

在他在Bit Origin领导之前，江曾在Mineone Partners担任董事。他于2021年以COO的身份加入Bit Origin，后来成为首席执行官。该公司已从其起源于屠宰和猪肉分配到以加密货币为中心的企业过渡。

Dogecoin’s Growth and Utility Potential

Dogecoin的增长和实用性潜力

Dogecoin, which began in 2013 as a lighthearted alternative to traditional cryptocurrencies, has evolved into the eighth-largest digital coin by market capitalization.

Dogecoin始于2013年，是传统加密货币的轻松替代品，它已通过市值发展成为第八大数字硬币。

Jiang emphasized that Dogecoin was chosen for the treasury due to its increasing utility in micropayments, driven by greater developer engagement and growing institutional interest in tokenization. He also highlighted the token's cultural appeal and its evolving role in decentralized finance.

江强调，由于更大的开发商参与度和对令牌化的机构兴趣的推动，由于其在微付款方面的效用越来越多，因此选择了Dogecoin作为国库。他还强调了令牌的文化吸引力及其在分散财务中不断发展的作用。

" While respecting Dogecoin’s cultural roots that boost liquidity and recognition, we believe market trends position it to evolve further into decentralized finance," Jiang explained.

贾安格解释说：“虽然尊重狗狗币的文化根源，从而提高了流动性和认可，但我们认为市场趋势将其进一步发展为分散的金融。”

Strategic Shift From Food Processing to Digital Assets

从食品加工到数字资产的战略转变

On July 17, Bit Origin secured agreements to raise up to $400 million through share sales and $100 million via convertible debt. The funds will support its Dogecoin treasury acquisition and broader crypto strategy.

7月17日，BIT OIRTIONS获得了通过股票销售筹集高达4亿美元的协议，并通过可转换债务筹集了1亿美元。这些资金将支持其Dogecoin财政部的收购和更广泛的加密战略。

This move signals Bit Origin’s shift beyond traditional mining hardware toward active engagement with digital asset value and utility.

此举信号是BIT Origin的转变，超越了传统的采矿硬件，以积极地参与数字资产价值和实用程序。

Founded in 2019 as China Xiangtai Food, the company initially focused on pork-related businesses. It officially rebranded as Bit Origin in 2022 after its initial purchase of over 700 Bitcoin miners.

该公司成立于2019年，当时是中国江泰食品，最初专注于与猪肉相关的企业。它在初次购买了700多个比特币矿工后，在2022年正式将其称为Bit Origin。

As of 2025, Bit Origin’s public profile no longer mentions pork operations, emphasizing its strategic pivot into cryptocurrency.

截至2025年，BIT Origin的公共个人资料不再提及猪肉操作，强调其战略性枢纽涉及加密货币。

Dogecoin Ownership Concentration

Dogecoin所有权集中

Dogecoin holdings are significantly concentrated among large 'whale' investors. According to BitInfoCharts, 81% of the total Dogecoin supply is held across just 908 wallets.

Dogecoin持有量大大集中在大型“鲸鱼”投资者中。根据Bitinfocharts的说法，只有908个钱包中的Dogecoin供应量中有81％。

One wallet alone controls over 28 billion DOGE, and the next 14 largest wallets hold an additional 43 billion tokens. A March report by Exolix indicates that the largest wallet is associated with brokerage firm Robinhood.

仅一个钱包就可以控制超过280亿个门槛，而接下来的14个大钱包则额外拥有430亿个代币。 Exolix的三月报告表明，最大的钱包与经纪公司Robinhood有关。

The second and third biggest holders include an unidentified wallet with 8.90 billion DOGE and crypto exchange Binance with 7.65 billion DOGE.

第二大也是第三大持有人包括一个身份不明的钱包，拥有89亿辆Doge和Crypto Exchange binance，拥有76.5亿个Doge。

For context, Bitcoin’s supply is distributed among over 152,000 wallet addresses, demonstrating a more distributed ownership compared to Dogecoin.

在上下文中，比特币的供应分布在152,000多个钱包地址中，表明与Dogecoin相比，所有权更具分布。

This information highlights the evolving landscape of Dogecoin ownership and the increasing institutional interest as Bit Origin invests in the cryptocurrency’s growing utility.

这些信息强调了Dogecoin所有权的不断发展的景观以及随着BIT Origin投资加密货币不断增长的效用，机构利益的日益增长。