CleanCore Solutions has significantly expanded its bet on Dogecoin, adding to its newly established corporate treasury just days before the first U.S. Dogecoin exchange-traded fund (ETF) is expected to debut.
The Nasdaq-listed firm disclosed that it has now accumulated more than 500 million DOGE, less than three days after its initial purchase of 285.4 million coins earlier this week. CleanCore previously outlined plans to acquire up to 1 billion DOGE within 30 days as part of an ambitious treasury strategy.
“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 and CEO of House of Doge, the corporate arm of the Dogecoin Foundation.
He added that the company’s long-term vision is to make Dogecoin a “premier reserve asset” while promoting its use across payments, tokenization, staking-like products, and international remittances.
The Dogecoin treasury, established in partnership with House of Doge, is custodied on Bitstamp by Robinhood. CleanCore ultimately aims to secure up to 5% of the cryptocurrency’s circulating supply, positioning itself as one of the leading digital asset treasuries in the market.
Following the announcement, CleanCore’s stock climbed roughly 14% in after-hours trading on Thursday before easing back. The company currently carries a market capitalization of about $55 million.
First Dogecoin ETF Nears Market Debut
The company’s aggressive accumulation comes as Wall Street prepares for the arrival of the first spot Dogecoin ETF. The REX-Osprey DOGE ETF, set to trade under the ticker DOJE, was expected to launch this week but is now anticipated to go live next week, according to Bloomberg analysts.
“They will hold spot. Just not for 100% of their holdings,” explained Bloomberg Intelligence analyst James Seyffart on X. “It will be a combination of spot DOGE and other spot ETFs, with flexibility to use derivatives if needed.”
They will hold spot. Just not for 100% of their holdings. Will be a combo of spot and then they'll actually hold other spot ETFs too. SO the fund's goal is almost all spot exposure but the documents allow for flexibility to use derivatives if needed
— James Seyffart (@JSeyff) September 11, 2025
Meanwhile, Dogecoin’s price has climbed around 4% over the past 24 hours, trading near $0.25, according to market data.
