📅 July 21, 2025 | New York, USA
Dogecoin, the crypto world's favorite meme coin, has just added a new institutional player: Bit Origin, the blockchain mining and infrastructure firm that has been listed on the Nasdaq for years, confirmed today that it has acquired its first DOGE as part of a corporate treasury specifically dedicated to the iconic dog token. The news, revealed by The Block, adds to the recent wave of companies adopting cryptocurrencies not only as an investment, but as a strategic part of their reserves.
The announcement sparked speculation on trading forums: Can a meme coin become a true corporate reserve asset? Bit Origin is determined to prove it can.
The Details: How Much They Bought and Why
Although the exact amount of the first purchase was not disclosed, sources claim that Bit Origin plans to gradually expand this position, with scheduled purchases and long-term accumulation. The goal is not merely speculative: the company intends to use DOGE as part of its on-chain payment strategy, rewards for cloud mining customers, and potential collateral for DeFi-related financial products.
This move makes Bit Origin one of the first publicly listed companies to establish a corporate treasury specifically for Dogecoin, joining a trend already seen with Bitcoin and, more recently, Ethereum.
Why Dogecoin?
For many, Dogecoin is just a joke that became popular thanks to Elon Musk and internet meme culture. But its adoption as a method of payment, tipping, and fast transfers keeps it alive. With low fees and a hyperactive community, DOGE has established itself as a liquid and popular asset, perfect for attracting holders… and potentially new customers.
Bit Origin seeks to capitalize on precisely that: combining the mining of "serious" assets like BTC with Doge culture, generating loyalty from a massive community and, in the process, diversifying its balance sheet with a high-turnover token.
The Market Effect
Following the news, DOGE saw a slight rally, reinforcing the narrative that even meme coins can evolve into "corporate treasuries" if institutional demand arrives. Some analysts warn, however, that Dogecoin remains volatile and its supply is inflationary, raising questions about its role as a long-term store of value.
Topic Opinion:
It seems fascinating to see Dogecoin transform from a joke into a corporate strategy. This shows that, in crypto, narrative and community are just as valuable as technology.
If Bit Origin manages to integrate DOGE as part of its payments and loyalty model, we could be witnessing a new business use case for a meme coin. The risk is clear: extreme volatility and infinite supply. But in return, they get viral marketing, affinity with a global community, and the opportunity to differentiate themselves from other mining players who only hold BTC.
Well, nothing is impossible... not even a Shiba Inu puppy becoming part of a corporate balance sheet.
💬 Is this just marketing or a real step toward the adoption of meme coin payments?
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