CleanCore May Become First Public Company to Establish Dogecoin Treasury After $175 Million Private Placement

• CleanCore will dedicate $175 million to acquire Dogecoin as its primary treasury reserve.

• The Dogecoin Foundation and House of Doge will guide treasury strategy and governance.

• More than 80 institutional and crypto-native investors participated in the private placement.

Dogecoin treasury: CleanCore will use $175M to make DOGE its reserve asset — read how the foundation-backed plan works and what investors should watch next.

CleanCore Solutions becomes the first public company to adopt Dogecoin as its official treasury reserve asset through a $175 million pre-funded warrant offering guided by the Dogecoin Foundation and House of Doge.

• CleanCore Solutions will use $175 million raised through pre-funded warrants to acquire Dogecoin, establishing the cryptocurrency as its primary treasury reserve.
• Dogecoin Foundation and House of Doge will guide CleanCore’s treasury, creating the first foundation-backed DOGE treasury for a public company.
• Over 80 institutional and crypto-native investors joined the private placement, signaling growing institutional support for Dogecoin as a treasury asset.

What is CleanCore’s Dogecoin treasury plan?

CleanCore’s Dogecoin treasury plan uses proceeds from 175,000,420 pre-funded warrants (priced at $1.00 each) to acquire Dogecoin and hold it as the company’s primary treasury reserve. The strategy is supported by the Dogecoin Foundation and the House of Doge and is intended to formalize institutional pathways for DOGE.

How will CleanCore fund and govern the Dogecoin treasury?

CleanCore disclosed a private placement that generated $175 million through pre-funded warrants. Funding includes cash and cryptocurrency contributions from more than 80 institutional and crypto-native investors. Governance and investment oversight will be provided by representatives from the Dogecoin Foundation and House of Doge, with designated executives joining CleanCore’s leadership and board.

Who are the key institutional participants and advisors?

Institutional and crypto-native participants named include Pantera, GSR, FalconX, Borderless, MOZAYYX, Mythos, and Serrur & Co. LLC, among others. Timothy Stebbing (Dogecoin Foundation) will join CleanCore’s board and Marco Margiotta (House of Doge) will serve as Chief Investment Officer, providing expert stewardship for treasury operations.

Frequently Asked Questions

Will Dogecoin be CleanCore’s primary treasury reserve?

Yes. CleanCore has stated DOGE will serve as its primary treasury reserve asset, with proceeds from the $175 million offering allocated primarily for DOGE acquisitions and related treasury operations.

When is the offering expected to close?

Closing is expected on or about September 4, 2025, subject to customary approvals from the NYSE American and finalization of the private placement documentation.

How does this affect institutional adoption of Dogecoin?

By partnering with foundation-backed governance and attracting institutional investors, the initiative aims to demonstrate a formal model for treasury adoption and broader institutional pathways for Dogecoin, including potential exchange-traded products and custodial frameworks.

Key Takeaways

• First mover: CleanCore is the first public company to adopt a foundation-backed Dogecoin treasury.
• Funding: $175 million raised via pre-funded warrants will fund DOGE acquisitions and corporate needs.
• Governance & institutional support: Dogecoin Foundation and House of Doge will provide governance; over 80 institutional investors participated.

Conclusion

CleanCore’s move to establish a Dogecoin treasury marks a milestone in institutional approaches to cryptocurrency reserves. With foundation-backed governance and substantial institutional participation, the strategy could influence how public companies consider digital assets for treasury management. Stakeholders should monitor regulatory approvals, custodial arrangements, and announced exchange-traded product developments tied to this initiative.