Bit Origin Don Raise $500M for Dogecoin Treasury as DOGE Dey Surge

Bit Origin wey dey list for Nasdaq get plan to raise $500 million—$400 million from ordinary shares and $100 million from convertible debt—to set up wetin dem dey call the biggest Dogecoin treasury. Di Singapore-based company don already secure $15 million commitments and dey aim to boost their share price by increasing Dogecoin holdings per share. Their CEO Jinghani Jiang talk say Elon Musk support Dogecoin and dem dey expect to join hands with the X Money payment platform, even though X never confirm any plan. Dem base their plan on MicroStrategy’s Bitcoin strategy but e get risk: Bit Origin stock fall from $120 for 2019 reach $0.70 before e jump up after the treasury announcement. Di news about Dogecoin treasury come as DOGE rally 26% for the week, break one cup-and-handle pattern pass $0.25 and dey trade near $0.251. The main resistance levels na $0.264 and $0.32, but to jump ten times go $2.50 no too likely unless SEC approve spot Dogecoin ETFs from Bitwise, 21Shares or Grayscale, or merchants begin use am widely. Meanwhile, memecoin volatility don cause strong demand for Remittix (RTX) presale, wey don raise $16.6 million selling 559 million RTX tokens at $0.0842 each. Remittix dey offer real-world payments, cross-chain API for BTC, ETH and SOL, and staking pools wey dey give 12–18% APY, with plans to link up merchants for Southeast Asia and Africa.