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Fortune reported that six anonymous sources have circulated a fundraising proposal from a prospective DOGE treasury company, targeting investors with a vehicle dedicated to Dogecoin allocations; three sources participated in the project briefing and three learned of the plan through transaction parties.
Two sources indicated the capital raise aims for at least $2 billion, while details on the listing entity and timing remain undisclosed. Fundraising documents reviewed by five informed parties name Alex Spiro as the proposed chairman of the public company, and three sources say the House of Doge has signed an agreement endorsing the proposal as a treasury operations platform.
The company was reportedly formed by the DOGE Foundation in early 2025 and is based in Miami; prospective investors should await formal disclosures and regulatory filings to evaluate governance and valuation implications.
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