Publicly Traded Firm Sets Precedent by Acquiring 5% of Dogecoin’s Total Supply

CleanCore Solutions, a publicly listed firm known for its aqueous ozone cleaning technology, has made a substantial increase to its

(DOGE) reserves, purchasing 285.42 million in one transaction for roughly $68 million. The company revealed this acquisition on September 8, 2025, pushing CleanCore’s total DOGE holdings above 600 million coins, as detailed in a press statement in collaboration with its associate, House of Doge. This buy forms part of a larger plan to amass 1 billion DOGE over 30 days, with an end goal of controlling 5% of the cryptocurrency’s available supply.

The initiative is supported by the Dogecoin Foundation and its business branch, House of Doge, and fits into ongoing efforts to position DOGE as a widely-used digital asset with practical uses beyond trading. Marco Margiotta, who serves as Chief Investment Officer at

and CEO of House of Doge, explained that their treasury approach is designed to “position Dogecoin as a leading reserve asset and strengthen its usage in payments, tokenization, staking-inspired solutions, and international money transfers.” This alliance marks a significant step for institutional involvement in DOGE and is the first instance of a public company adopting a digital asset treasury policy focused on this cryptocurrency.

CleanCore’s DOGE purchases have coincided with rising investor optimism for the token. Since the start of its treasury program on September 5, 2025, DOGE’s price has climbed from around $0.2417 to a range between $0.27 and $0.30. This positive movement highlights the growing appeal of DOGE both as a medium of exchange and a reserve asset. The company’s assertive acquisition efforts have also paralleled broader market events, such as the delayed introduction of the first DOGE spot ETF. The Rex-Osprey Doge ETF (DOJE), which was supposed to launch on September 12, 2025, has been pushed to Friday, and there is speculation that the full launch may take place early the following week.

The company’s treasury activities have been bolstered by a $175 million private funding round, announced on September 3, 2025, and supported by more than 80 institutional and crypto-focused investors. This capital raise was finalized by September 5, 2025, and was used to secure the DOGE acquisition. Although the announcement caused CleanCore’s share price to initially plunge by 60%, the stock has since bounced back. On September 12, 2025, CleanCore (ZONE) ended the day at $3.98 and jumped nearly 12% in after-hours trading to $4.45. Over the year, ZONE has soared over 200%, reflecting positive market sentiment about its DOGE-focused treasury approach.

Through these actions, the company has established itself as a pioneer in the corporate adoption of digital assets. As more institutional investors look to diversify with cryptocurrencies, CleanCore’s approach to DOGE provides a blueprint for other public companies considering digital assets in their financial strategies. By securing a large share of DOGE’s circulating coins, CleanCore is not only enhancing liquidity and stability for the token but is also demonstrating faith in its future value and practical use.

Going forward, CleanCore’s treasury plan will be under close observation by market watchers, especially as the possible launch of the DOJE ETF nears. Experts believe the ETF could give both institutional and retail investors a new way to invest in DOGE, which may boost demand and trading activity. If the ETF is approved and goes live as planned, it could trigger further gains in DOGE’s price and encourage broader acceptance.