CleanCore Solutions Hits Halfway to 1 Billion DOGE Treasury Goal

CleanCore Solutions, a producer of aqueous ozone cleaning systems, has reached the halfway mark in its ambitious plan to build a 1 billion Dogecoin (DOGE) treasury. The company announced on Thursday that it purchased an additional $130 million worth of DOGE, bringing its holdings to over 500 million tokens. 

Earlier this week, CleanCore bought 285.42 million DOGE on Monday and reaffirmed its goal of acquiring 1 billion DOGE within the next 30 days.

“Crossing the 500 million DOGE threshold demonstrates the speed and scale at which ZONE is executing its treasury strategy,” said Marco Margiotta, CleanCore’s chief investment officer. Margiotta also serves as CEO of House of Doge, the commercial arm of the Dogecoin Foundation. 

He emphasized that CleanCore’s strategy aims to “establish Dogecoin as a premier reserve asset while supporting its broader utility across payments, tokenization, staking-like products, and global remittances.”

Market Reaction and CleanCore Performance

CleanCore became the first publicly traded company to create a DOGE treasury in partnership with the Dogecoin Foundation and House of Doge. On September 3, the company announced plans to raise $175 million via private placement, with the proceeds allocated to acquiring DOGE. This announcement led to a 60% drop in its stock price. However, the placement closed successfully on September 5, signaling investor confidence in its long-term strategy.

Despite recent price fluctuations, CleanCore’s shares ended Thursday’s session at $3.98, down slightly by 0.25%, but surged 11.81% in after-hours trading to close at $4.45. The stock is up more than 200% year-to-date. 

CoinGecko reports that DOGE itself is up nearly 23% over the past week. For the June quarter, CleanCore’s revenue rose 26% year-on-year, although its net profit margin declined by 229%.

DOGE ETF Launch Faces Another Delay

Meanwhile, the first spot DOGE ETF, the Rex-Osprey Doge ETF (DOJE), has faced another postponement. Originally scheduled for launch on Thursday, it was delayed to Friday. 

The DOGE is now expected to roll out sometime next week, according to Bloomberg ETF analyst Eric Balchunas. This marks a further setback in the growing institutional interest surrounding Dogecoin and its integration into mainstream financial products.

With CleanCore’s aggressive DOGE accumulation and pending ETF developments, Dogecoin’s profile as a reserve and transactional asset continues to rise.