net asset value (mNAV) accretion
Search documents
House of Doge Official Dogecoin Treasury Partner CleanCore Provides Dogecoin Treasury Update; Current Holdings Include 710M DOGE with Over $20 Million in Unrealized Gains
Globenewswireยท 2025-10-07 13:18
Core Insights - House of Doge, in partnership with CleanCore Solutions, has established the Official Dogecoin Treasury, aiming to acquire 1 billion DOGE, with current holdings exceeding 710 million DOGE and over $20 million in unrealized gains as of October 6, 2025 [1][2][3] Company Strategy - CleanCore raised approximately $175 million through a private placement to support its disciplined capital deployment strategy, focusing on long-term market capitalization and net asset value (mNAV) accretion [2][3] - The Treasury strategy is designed to enhance shareholder value while ensuring responsible scaling with transparency and resilience [2][4] Market Positioning - The utility-driven demand for Dogecoin is expected to grow as House of Doge works on initiatives to unlock real-world use cases, positioning Dogecoin as both a transactional currency and a long-term reserve asset [3][4] - CleanCore has entered a strategic alliance with Bitstamp USA, designating it as the trading venue for the Treasury, which enhances transaction security and transparency [3][4] Future Outlook - The approach of CleanCore goes beyond simple NAV plays, focusing on advancing the Dogecoin ecosystem through professional treasury governance and building a foundation for future yield-bearing opportunities [4] - House of Doge is committed to developing infrastructure for Dogecoin to be used in everyday commerce, including financial products and real-world asset tokenization [4]