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NYSE-Listed CleanCore Buys Another 100M Dogecoin, Total Holdings Exceed 600M DOGE
Yahoo Financeยท 2025-09-16 18:20
Core Insights - CleanCore Solutions has expanded its Dogecoin holdings to over 600 million tokens, marking a significant milestone in its treasury strategy [1][4] - The company aims to acquire 1 billion DOGE within 30 days of launching its initiative on September 5 [2] - CleanCore's recent purchase follows a record private placement fundraising of $175 million, attracting over 80 institutional investors [3] Financial Performance - CleanCore reported record Q4 2025 revenue of $1.1 million, marking its first quarter exceeding $1 million in sales [5] - Full-year revenue grew by 29% to $2.1 million, indicating strong operational cash flow [5] - The company secured a major purchase order worth $1.37 million in June, with significant shipments in Q4 [6] Strategic Partnerships - CleanCore's treasury strategy is supported by a partnership with the Dogecoin Foundation's corporate arm, House of Doge [1][4] - A collaboration with Bitstamp by Robinhood has established a trading venue for the Official Dogecoin Treasury, focusing on yield-bearing opportunities for DOGE holders [6][7] - The long-term strategy includes acquiring up to 5% of Dogecoin's circulating supply and advancing its use in payments and tokenization [7]