CleanCore Secures $175M PIPE for Dogecoin Treasury

NYSE-listed CleanCore Solutions has raised $175 million through a private investment in public equity (PIPE) deal to build a dedicated Dogecoin treasury on its balance sheet. The round, supported by the Dogecoin Foundation, its corporate arm House of Doge and more than 80 venture investors—including Pantera, GSR, FalconX, Borderless Capital and Mythos—closed on September 4. As part of the deal, House of Doge CEO Marco Margiotta will serve as CleanCore’s Chief Investment Officer, while Dogecoin Foundation director Timothy Stebbing joins the board. Advisors House of Doge and 21Shares will guide the company’s treasury strategy. CleanCore plans to accumulate Dogecoin as its primary reserve to enhance institutional adoption, diversify its portfolio and reinforce brand engagement through community-driven digital currency utility. Recent SEC filings for a Dogecoin spot ETF have further fueled bullish sentiment around DOGE. Traders can expect increased DOGE liquidity and potential short-term price catalysts, though volatility, regulatory uncertainty and public perception risks remain. In the long term, this landmark corporate crypto move could spur broader institutional adoption of meme-based assets.