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Publicly traded company hoards DOGE: CleanCore spends heavily to acquire 700 million DOGE.
Nasdaq-listed company CleanCore announced that its DOGE reserves have surpassed 710 million coins, generating approximately 20 million dollars in paper profits, and their goal is to accumulate 1 billion coins. The funding comes from a 175 million dollar private placement supported by the DOGE Foundation, and the company's CEO stated the aim is to promote the long-term value creation of DOGE.
This is quite interesting. In the past, only companies like MicroStrategy hoarded Bitcoin, but now even meme coins like DOGE are being treated as treasury assets by publicly listed companies. This indicates that after multiple rounds of bull and bear markets, DOGE is shedding its label of pure speculation thanks to its large community and continuously expanding payment scenarios. Additionally, favorable developments such as Bitwise's application for a DOGE ETF and Cardinals node upgrades are helping DOGE transition from a cultural phenomenon to a real digital asset. CleanCore's continued buying provides stable institutional demand for the market and sets an example for other companies. #今日你看涨还是看跌?