BREAKING
207d 10h ago

Bit Origin Launches DOGE Treasury Reserve with $500 Million Equity and Debt Financing Boost

DOGE

DOGE/USDT

$0.09814
+1.65%
24h Volume

$783,041,778.96

24h H/L

$0.09948 / $0.0962

Change: $0.003280 (3.41%)

Long/Short
73.3%
Long: 73.3%Short: 26.7%
Funding Rate

-0.0058%

Shorts pay

Data provided by COINOTAG DATALive data
Dogecoin
Dogecoin
Daily

$0.09814

-0.09%

Volume (24h): -

Resistance Levels
Resistance 3$0.1129
Resistance 2$0.1069
Resistance 1$0.0994
Price$0.09814
Support 1$0.0947
Support 2$0.0800
Support 3$0.0504
Pivot (PP):$0.097717
Trend:Downtrend
RSI (14):34.0

Nasdaq-listed Bit Origin has strategically expanded its financial portfolio by establishing a dedicated DOGE treasury reserve. This move underscores the company’s commitment to diversifying its digital asset holdings amid growing institutional interest in cryptocurrency. Concurrently, Bit Origin secured a substantial $500 million equity and debt financing package, bolstering its capital structure and enhancing liquidity for future operations. The infusion of funds is expected to support the firm’s long-term growth initiatives and strengthen its position within the competitive crypto market. By integrating a DOGE reserve, Bit Origin aligns with evolving market dynamics, reflecting increased investor confidence in meme-based cryptocurrencies as viable treasury assets. This development highlights the ongoing trend of publicly traded companies incorporating digital currencies into their balance sheets to optimize asset allocation and hedge against traditional market volatility.

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