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MIAMI - CleanCore Solutions, Inc. (NYSE American:ZONE) has accumulated over 710 million Dogecoin as part of its Official Dogecoin Treasury initiative, according to a press release statement issued Tuesday. The company’s stock has shown remarkable momentum, gaining over 11% in the past week and more than 104% over the last six months, according to InvestingPro data.
The company, which partnered with House of Doge, the corporate arm of the Dogecoin Foundation, launched the Treasury on September 5, 2025, with the goal of acquiring 1 billion DOGE. The accumulated holdings reportedly show over $20 million in unrealized gains as of Monday afternoon. With a market capitalization of approximately $36 million and an InvestingPro Financial Health score indicating weak fundamentals, this represents a significant bet for the company.
CleanCore secured approximately $175 million through a private placement last month to fund its Dogecoin acquisition strategy. The company stated it is taking a "disciplined and phased approach" to growing its Treasury.
"The early weeks of our Treasury program have been highly productive, with our holdings now surpassing more than 710 million DOGE, as we continue to opportunistically progress toward achieving our initial one-billion coin milestone," said Clayton Adams, Chief Executive Officer of CleanCore.
The company has also entered into a strategic alliance with Bitstamp USA, designating Bitstamp by Robinhood (NASDAQ:HOOD) as the trading venue for the Treasury operations.
House of Doge, described as the official corporate arm of the Dogecoin Foundation, aims to advance Dogecoin adoption through various initiatives including infrastructure development and financial products.
Beyond its Dogecoin Treasury activities, CleanCore Solutions’ primary business focuses on aqueous ozone technology for cleaning and disinfection applications.
The company is working with the SEC to register the private placement shares and noted that friends, family, and the House of Doge currently hold a significant portion of the shares that are currently restricted or locked-up.
In other recent news, CleanCore Solutions, Inc. announced the accumulation of over 500 million Dogecoin in its Official Dogecoin Treasury. This development marks a significant step toward its goal of acquiring 1 billion DOGE within 30 days. The company has partnered with the Dogecoin Foundation and its corporate arm, House of Doge, to secure up to 5% of Dogecoin’s circulating supply. Additionally, CleanCore Solutions has raised $175 million through a private investment in public equity financing to support the establishment of this treasury. The financing was backed by institutional and crypto-native investors, including MOZAYYX, Pantera, GSR, FalconX, and Borderless. In another development, the company announced a substantial at-the-market offering of up to $1.15 billion in class B common stock. This offering is part of an amended sales agreement with Maxim Group LLC and Curvature Securities LLC. These moves reflect CleanCore Solutions’ strategic initiatives in its financial and cryptocurrency endeavors.
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