#DogeCoinTreasury – Why it's trending 🚀
📣 As reported by GlobeNewswire, a publicly traded company, CleanCore Solutions (NYSE: ZONE), has announced a private placement of over $175 million to build the official $DOGE Treasury.
📈 Citing the official press release, the initiative is founded in partnership with the Dogecoin Foundation and the House of Doge, with Elon Musk's lawyer, Alex Spiro, appointed as Chairman of the Board.
💡 An analysis of the strategy shows that the company will use the proceeds to acquire Dogecoin ($DOGE ) as its primary treasury reserve asset, a landmark move towards the institutional adoption of the world's most famous memecoin.
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