CleanCore Reveals $175 Million Dogecoin Treasury Hoard As DOGE Price Plunges 4%
CleanCore Solutions revealed that its Dogecoin treasury holdings are now worth $175 million, even as DOGE plunged 4% in the last 24 hours. The company, listed on the New York Stock Exchange (NYSE), said in an Oct. 7 announcement that it holds more than 710 million DOGE, and aims to acquire 1 billion tokens. It added that it is sitting on an unrealized gain of $20 million on its DOGE holdings. The largest meme coin by market cap trades at $0.2479 as of 4:35 a.m. EST, according to CoinMarketCap. DOGE is still up 4% in the past week and 6% over the past month. CleanCore’s share price has climbed 2.4% in pre-market after plunging over 8% after the announcement yesterday, according to Google Finance. The stock has plummeted more than 41% over the past month. CleanCore share price (Source: Google Finance ) CleanCore Has “Sufficient Cash” To Acquire More Dogecoin In the statement, the company said that it raised around $175 million before expens...