DOGE Treasury Strategy Kicks Off — Bit Origin Buys 40.5M $DOGE! 🐕🚀
Mining firm Bit Origin just made its first major $DOGE purchase — 40.5M tokens at an average $0.2466 — as part of a $500M corporate treasury strategy.
Why DOGE?
• CEO cites micropayment utility & Elon Musk’s X-Money ambitions
• Institutional interest in tokenization rising
Market Reaction:
• $DOGE hit $0.28 (+5.5%) post-announcement
• Bit Origin trades under $0.80/share, market cap $45M
Joining Neptune Digital Assets & Dogecoin Cash Inc., Bit Origin bets big on memecoin adoption.
DOGE: 0.25985 ▼ -3.24%
#Dogecoin #ElonMusk #MemecoinAdoption #CryptoNews