Haciyev Reşit 
CleanCore, chaired by Elon Musk’s personal lawyer, continues to expand its Dogecoin treasury strategy. The company has purchased approximately 710 million DOGE, worth around $20 million. This move follows CleanCore’s $68 million DOGE acquisition in September and is considered a significant step toward the company’s Dogecoin treasury objectives.
CleanCore’s Dogecoin Strategy
CleanCore does not view Dogecoin merely as a short-term speculative investment. The company aims to position DOGE as a long-term digital treasury asset and a sustainable payment method:
- Total DOGE Holdings: The company currently holds around 958 million DOGE, leaving only a small gap to reach its 1 billion DOGE target.
- Goal and Strategy: The initial plan to accumulate 1 billion DOGE forms the core of CleanCore’s long-term strategy. The company aims to position DOGE as a digital asset usable in the real world.
- Funding: At the beginning of September, CleanCore raised $175 million in investments, allocating a large portion of these funds to DOGE purchases.
- Leadership: Alex Spiro, who leads the company, previously helped Musk win a $250 million Dogecoin lawsuit. This experience provides a reliable foundation for CleanCore’s Dogecoin management strategy.
Market Reaction and Price Status
The market movements of Dogecoin and related treasury companies are closely monitored within the crypto ecosystem:
- Stock price had risen to $7 in early September but currently trades around $2.
- Dogecoin price is currently at $0.25.
Volatility in the crypto market, particularly sharp movements in Bitcoin, can cause fluctuations in altcoin-focused treasury companies. CleanCore has also been affected by this volatility.
Experts note that despite short-term price swings, CleanCore’s strategy is built on long-term value accumulation and expanding practical use cases.
CEO Statements and Future Outlook
CleanCore CEO Clayton Adams summarizes the company’s vision:
“Our goal is not to see Dogecoin merely as a memecoin; we aim to make it a digital asset usable in the real world. This way, more people will use it, and the coin’s value will be sustainable in the long term.”
The CEO’s statements indicate that the company is focused on strengthening Dogecoin’s ecosystem and real-world applications. CleanCore’s approach encourages DOGE to function not only as an investment asset but also as a practical token in real-world use cases.
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