Mentioned:
ZONE -13.45% HOOD -6.63%
The race to accumulate Dogecoin is accelerating on Wall Street. And a publicly traded company on the New York Stock Exchange has now poured over a hundred million dollars in to be a first mover.
What’s happening:
- CleanCore Solutions (NYSE: ZONE) has purchased an additional 215,000,000 Dogecoin
By the numbers:
- CleanCore Solutions now holds more than 500,000,000 Dogecoin directly as an asset
Why it matters:
- The newest purchase of Dogecoin makes CleanCore Solutions the single largest holder of Dogecoin amongst all publicly traded companies in the world
Going deeper:
- The Dogecoin Foundation, House of Doge and 21Shares are all founding partners in CleanCore Solutions’ new Dogecoin treasury strategy and just recently raised $175M USD in an equity financing round which saw multiple notable crypto funds participate including MOZAYYX, GSR, FalconX and Pantera
- House of Doge also just recently cut a partnership with Bitstamp by Robinhood (NASDAQ: HOOD) which establishes Robinhood as the official trading partner and custodian for CleanCore Solutions’ Dogecoin holdings
The intrigue:
- CleanCore Solutions has publicly stated they intend on acquiring 1B Dogecoin in the near future and eventually are aiming to own 5% of the total circulating supply
