CleanCore Surpasses 500 Million DOGE Milestone in Effort to Reach 1 Billion Token Reserve

CleanCore Solutions has now secured over 500 million Dogecoin (DOGE), reaching the midpoint in its objective to establish a treasury of 1 billion tokens.

Key Takeaways:

• CleanCore has obtained more than 500 million DOGE, halfway to its target of 1 billion tokens.
• The firm intends to position Dogecoin as a strategic reserve asset and a payment method.
• ZONE stock rebounded following a $175M capital raise, while DOGE experienced a 23% increase this week.

The company announced on Thursday that it had acquired $130 million worth of DOGE, following a purchase of 285.42 million tokens earlier in the week.

CleanCore Aims to Establish DOGE as a Reserve Asset

The swift accumulation signifies a calculated approach to establish DOGE as a strategic reserve asset.

“Surpassing the 500 million DOGE mark illustrates the pace and scale at which ZONE is implementing its treasury strategy,” stated Marco Margiotta, CleanCore’s chief investment officer and CEO of House of Doge, a commercial collaborator of the Dogecoin Foundation.

CleanCore was the first publicly traded company to unveil a formal Dogecoin treasury strategy, collaborating with both the Dogecoin Foundation and House of Doge.

The firm aims to achieve its 1 billion DOGE target within 30 days. Margiotta mentioned that the overarching goal is to enhance DOGE’s application in payments, tokenization, and global remittance solutions.

Earlier this month, CleanCore raised $175 million through private placement to finance its DOGE acquisitions.

This announcement initially caused a 60% drop in ZONE stock, although the company completed the capital raise by September 5.

As of Thursday’s market close, ZONE shares were priced at $3.98, before rising 11.81% in after-hours trading to $4.45. The stock has increased over 200% year-to-date.

DOGE itself has risen nearly 23% over the past week, according to CoinGecko, contributing to CleanCore’s ambitious treasury growth.

In the meantime, the launch of the Rex-Osprey Doge ETF (DOJE), initially set for Thursday, has been delayed.

Bloomberg ETF analyst Eric Balchunas indicated that the fund is now expected to launch next week, although a specific date has yet to be confirmed.

Update Part 3: Another delay. Launching next week. Mid week. Prob Thur. https://t.co/Lzk2pCVo0E

— Eric Balchunas (@EricBalchunas) September 11, 2025

Strategy Surpasses Corporate Bitcoin Holdings with 636,505 BTC

Michael Saylor’s Strategy currently holds 636,505 BTC, making it the largest corporate Bitcoin holder by a significant margin.

Bitcoin mining company MARA Holdings remains in second place with 52,477 BTC, after adding 705 BTC in August.

However, new entrants are making progress. XXI, established by Strike CEO Jack Mallers, has accumulated 43,514 BTC, while the Bitcoin Standard Treasury Company possesses 30,021 BTC.

Other notable participants include crypto exchange Bullish (24,000 BTC), Metaplanet (20,000 BTC), and publicly traded entities like Riot Platforms, Trump Media & Technology Group, CleanSpark, and Coinbase.

This trend of accumulation has sparked speculation regarding a potential supply shock. With only 5.2% of Bitcoin’s fixed 21 million supply remaining to be mined, ongoing corporate demand could elevate prices further.

Some companies are setting ambitious targets. Japan’s Metaplanet and U.S.-based Semler Scientific aim for 210,000 BTC and 105,000 BTC by 2027, which is ten to twenty times their current holdings.

Globally, 120 public companies now hold Bitcoin. Countries such as Canada, the UK, Hong Kong, Mexico, South Africa, and Bahrain are witnessing an increase in corporate BTC ownership.

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