CleanCore Solutions (NYSE American: ZONE) is establishing a Dogecoin treasury valued at $175 million. CleanCore is the first public company to develop an official Dogecoin treasury, backed by the Dogecoin Foundation and the House of Doge.
This shows how a public company can lead a Dogecoin Treasury with real utility, lasting value, and strong backing.
The Deal
CleanCore is also conducting a $175 million private investment in public equity (PIPE) offering. The company is selling 175,000,420 Pre-Funded Warrants at $1.00 each. The deal is set to close around September 4, 2025, pending regulatory approval.
Investors contributed capital in both cash and cryptocurrencies. Over 80 major institutional and crypto-native investors took part in the deal. These are Pantera, FalconX, MOZAYYX, Borderless, GSR, and so many others.
Amazing things coming for @dogecoin
💥175,000,420 in $DOGE 💥@DogecoinFdn https://t.co/ptmvRURCtN
— House of Doge (@houseofdoge) September 2, 2025
The Dogecoin Foundation officially endorsed the move. Its commercial arm, the House of Doge, also supports it. As part of the partnership:
- Timothy Stebbing, Dogecoin Foundation Director and CTO of House of Doge, joins CleanCore’s board.
- Marco Margiotta, CEO of House of Doge, becomes CleanCore’s Chief Investment Officer.
- 21Shares will advise the treasury on its institutional-grade strategy and integration of cryptocurrencies.
Congratulations to the @houseofdoge @DogecoinFdn and CleanCore teams on this fantastic launch! @21shares_us is pumped to be selected as an asset manager and help deliver value for investors. https://t.co/dbhR1IWhQ4
— Duncan Moir (@duncanmmoir) September 2, 2025
Why Dogecoin?
CleanCore has decided to use Dogecoin as its main treasury reserve currency. The company thinks that DOGE could best suit:
- Payments and tokenization.
- Commercial and retail integration.
- Next-generation staking-like reward and yield option.
The goal is to elevate Dogecoin from meme status to serious financial utility. The company aims to build trust and structure around Dogecoin’s use in business and payments.
🚨 DOGECOIN’S INSTITUTIONAL MOMENT: $175M TREASURY SIGNALS NEW ERA
Alex Spiro, Elon’s personal attorney and Quinn Emanuel partner, will reportedly chair a groundbreaking $175,000,420 Dogecoin treasury company – now confirmed as the largest Dogecoin treasury deal to date.
It’s… https://t.co/GBOxJHlDSK pic.twitter.com/OZ2Ap6MRxp
— Mario Nawfal (@MarioNawfal) September 2, 2025
What This Means for Dogecoin and the Market
Such an initiative could establish a new precedent for crypto adoption. Marco Margiotta says this move blends Dogecoin’s community roots with institutional strategy.
“Anchoring Dogecoin with a foundation-backed treasury sets a new standard for public companies using digital currency.”
I’m honored to join @HouseofDoge as CEO and lead our global expansion into real-world $DOGE payments. After scaling Payfare from concept to IPO, I believe Dogecoin—fast, efficient & culturally embedded—can become integral to everyday commerce
Read more 👇https://t.co/PlMfRmSx22
— Marco Margiotta (@suchMargiotta) June 11, 2025
CleanCore isn’t just holding DOGE; it’s launching a foundation-backed Dogecoin Treasury. With powerful partners and major investors, CleanCore is ready to drive real-world utility. It could improve how digital assets fit into public companies. It is a special moment for Dogecoin and a big leap forward for its future in mainstream finance.
Disclaimer
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