CleanCore Buys $68M Dogecoin, Stock Jumps 63%, Plans 1B DOGE

Published: 2025-09-09 05:08:42 |

CleanCore Solutions (NYSE: ZONE) has acquired 285.42 million Dogecoin (DOGE) for $68 million following a $175 million PIPE financing round backed by Pantera and GSR. This purchase creates the largest Dogecoin treasury to date and propelled CleanCore’s stock up 8.3% in regular trading and 63% after hours to $5.72. The company plans to accumulate up to 1 billion DOGE within 30 days and ultimately control 5% of total Dogecoin supply. Partnering with the Dogecoin Foundation and its House of Doge unit, CleanCore aims to use this crypto reserve strategy to boost Dogecoin adoption and maintain direct market exposure. Crypto traders should watch how this influx of institutional DOGE demand and the financing structure could influence market liquidity and price momentum.

Bullish

CleanCore’s large-scale Dogecoin acquisition and successful $175 million PIPE financing, coupled with a sharp stock rally, signal strong institutional interest and demand for DOGE. In the short term, this direct buy pressure and positive market sentiment are likely to support Dogecoin prices, making the outlook bullish. Over the long term, CleanCore’s goal to hold up to 5% of Dogecoin’s supply could tighten available circulating liquidity and underpin sustained upward momentum. Historical precedents show that major on-chain accumulations by public companies tend to attract retail traders and amplify price rallies.