- CleanCore hitting 500M DOGE shows real momentum as it races toward 1B holdings and fuels stronger institutional confidence.
- Despite sharp swings, ZONE stock remains up over 200% this year as CleanCore doubles down on Dogecoin’s financial future.
- Dogecoin’s growing demand gains weight as CleanCore targets 5% supply and the Rex-Osprey ETF delay highlights rising interest.
CleanCore Solutions has reached a critical halfway mark in its aggressive Dogecoin strategy. On Thursday, the company confirmed that its Official Dogecoin Treasury, supported by the Dogecoin Foundation, now holds over 500 million DOGE. The accumulation comes after its earlier purchase of 285,420,000 DOGE, marking rapid progress toward its target of acquiring 1 billion DOGE within 30 days.
The company stressed in the announcement that this milestone reflects the pace of its acquisition plan. Moreover, the Treasury aims to eventually secure up to 5% of Dogecoin’s circulating supply, which would position CleanCore’s ZONE arm as a leading digital asset treasury. The firm also tied this move to long-term ambitions of pushing Dogecoin’s role in global finance.
Corporate Vision and Market Outlook
Marco Margiotta, CleanCore’s Chief Investment Officer and CEO of House of Doge, highlighted the company’s ambition.
He stated, “Crossing the 500 million DOGE threshold demonstrates the speed and scale at which ZONE is executing its treasury strategy.”
He emphasized that Dogecoin must evolve into a premier reserve asset while supporting payments, staking-like products, tokenization, and remittances.
Besides, the House of Doge continues to develop real-world use cases, which are expected to strengthen DOGE’s utility-driven demand. Consequently, institutional interest in diversified treasury strategies has grown, placing Dogecoin in a favorable position due to its liquidity and network scale.
Additionally, CleanCore announced a $175 million private placement on September 3, which was finalized two days later. Proceeds are being directed toward its Dogecoin accumulation.
However, the stock price reacted sharply, plunging 60% on the announcement day. Shares later stabilized, closing Thursday at $3.98 before rallying 11.81% after hours to $4.45. Despite swings, ZONE stock remains up 201.52% year-to-date.
Industry Context and Delays
Moreover, market interest in Dogecoin is building alongside institutional products. The Rex-Osprey Doge ETF (DOJE), the first spot Dogecoin ETF, was scheduled to launch Thursday. However, Bloomberg analyst Eric Balchunas revealed it was delayed again, now expected next week.
CleanCore’s rapid DOGE buildup signals growing institutional faith in the token’s long-term role.
