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CleanCore Acquires Additional 100 Million DOGE, Expanding Digital Asset Treasury to Over 600 Million DOGE
Globenewswire· 2025-09-16 12:30
Core Insights - CleanCore Solutions, Inc. has acquired an additional 100 million Dogecoin (DOGE), increasing its total holdings to over 600 million DOGE, with a target of reaching 1 billion DOGE within 30 days [1][2] - The long-term goal is to acquire up to 5% of Dogecoin's circulating supply, positioning CleanCore as a central treasury for the Dogecoin ecosystem [1] - The price of DOGE has increased from approximately US$0.2417 to the US$0.27–US$0.30 range since the launch of the Official Dogecoin Treasury, indicating positive market sentiment [2] Company Strategy - The treasury strategy aims to establish Dogecoin as a premier reserve asset while promoting its use in payments, tokenization, staking-like products, and remittances [2] - CleanCore's disciplined accumulation approach is designed to build a sustainable reserve base and enhance the broader adoption of Dogecoin [1][2] Related Entities - House of Doge, the corporate arm of the Dogecoin Foundation, is focused on advancing Dogecoin as a decentralized global currency and investing in necessary infrastructure for its everyday use [4] - The initiatives by House of Doge include developing financial products, real-world asset tokenization, and establishing a treasury strategy to support long-term utility and growth of Dogecoin [4]
Thumzup Media Corporation Board Approves the Accumulation of Additional Leading Cryptocurrencies
Prnewswire· 2025-07-09 14:26
Core Viewpoint - Thumzup Media Corporation is expanding its digital asset strategy to include a broader range of cryptocurrencies beyond Bitcoin, aiming to enhance financial flexibility and support the growth of its AdTech platform [1][2][3] Company Strategy - The Board of Directors has authorized management to accumulate additional cryptocurrencies, specifically Dogecoin (DOGE), Litecoin (LITE), Solana (SOL), Ripple (XRP), Ether (ETH), and USD Coin (USDC) [1][2] - This initiative builds on the existing strategy that allows the company to hold up to 90% of its liquid assets in Bitcoin, with current holdings of 19.106 BTC valued at approximately $2.1 million as of July 8, 2025 [2] Management Perspective - The CEO of Thumzup stated that diversifying into other leading cryptocurrencies aligns with the company's commitment to innovation and prudent treasury management, which could enhance financial flexibility as the company scales its operations [3] Product Offering - Thumzup Media Corporation is focused on democratizing the social media branding and marketing industry through its flagship product, the Thumzup platform, which allows users to earn cash for posting about participating advertisers [3]