Alex Spiro to Head $200M Dogecoin Treasury Firm
Attorney Alex Spiro has been named chair of a proposed public crypto firm planning a $200 million Dogecoin treasury. Backed by House of Doge—the corporate arm of the Dogecoin Foundation—the crypto treasury firm aims to list on a stock exchange through a standard equity vehicle that provides investors with exposure to DOGE without direct token ownership. Now in the investor pitch stage, the company has not disclosed its structure or launch timeline, and Elon Musk’s exact role remains unconfirmed. Dogecoin is trading around $0.213, down over 10% in the past week. This move follows Bit Origin’s $500 million Dogecoin treasury in July 2025 and reflects a broader trend of public companies adding digital assets to their treasuries. Since January 2025, 184 firms have announced nearly $132 billion in crypto acquisitions, underscoring growing institutional demand. Institutional capital could reshape market sentiment around Dogecoin and influence price stability.
Bullish
The appointment of Alex Spiro and backing by House of Doge signal significant institutional commitment to a dedicated Dogecoin crypto treasury. Such large-scale acquisitions tend to support price floors and boost investor confidence. The precedent set by Bit Origin’s $500M Dogecoin treasury and the broader trend of 184 firms adding nearly $132B in digital assets since January 2025 suggest sustained institutional demand. While short-term trading volatility may continue, the $200M Dogecoin treasury proposal is likely to drive bullish sentiment and strengthen long-term price stability.