Do you think it's a positive or negative impact, or does it not affect the price of Dogecoin? $DOGE

According to a report by Fortune on August 30, citing anonymous sources, Elon Musk's lawyer Alex Spiro will serve as the chairman of a planned $200 million Dogecoin treasury company. The company is supported by House of Doge and aims to provide investors with the opportunity to indirectly hold Dogecoin.

The project plans to raise at least $200 million as a publicly held company with Dogecoin assets, allowing investors to gain exposure to digital assets in the stock market without directly owning the tokens. The project is currently in the promotion stage, and specific structure and launch timing have not yet been announced.