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Dogecoin Treasury Move Sends Stock Of Company Chaired By Elon Musk's Lawyer 62% Higher After-Hours - Strategy (NASDAQ:MSTR)

CleanCore Solutions, backed by major investors, aims to accumulate 1 billion Dogecoin, representing 5% of supply, to enhance utility through payments and staking initiatives.

  • On September 8, 2025, CleanCore Solutions announced purchase of 285,420,000 Dogecoin valued at about $68 million, causing a 38% after-hours rally.
  • After a $175 million capital raise, CleanCore Solutions Inc. secured funding from Pantera Capital and FalconX, signaling a shift from cleaning products and aligning with House of Doge's initiatives.
  • The company plans to accumulate 1,000,000,000 DOGE within 30 days, aiming to secure 5% of circulating Dogecoin supply and create the largest Official Dogecoin Treasury, CleanCore said.
  • On Monday, DOGE's 24-hour volume surged 50% amid the price approaching $0.24, reflecting heightened trading activity following CleanCore's purchase.
  • Observers note growing institutional interest in DOGE, with fund managers filing for spot DOGE ETFs and Elon Musk's support fueling demand amid controversial corporate crypto treasuries.
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The memecoin purchase follows a $175 million capital raise last week. Read more

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TokenPost broke the news in on Monday, September 8, 2025.
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