CleanCore Solutions has achieved a significant milestone in its ambitious Dogecoin treasury strategy, announcing it has acquired over 500 million DOGE tokens, marking the halfway point toward its goal of accumulating 1 billion Dogecoin. The company purchased $130 million worth of DOGE on Thursday, following Monday's acquisition of 285.42 million tokens as part of its aggressive 30-day acquisition plan.
Marco Margiotta, CleanCore's chief investment officer and CEO of House of Doge (the commercial arm of the Dogecoin Foundation), stated: "Crossing the 500 million DOGE threshold demonstrates the speed and scale at which ZONE is executing its treasury strategy." The company aims to secure up to 5% of Dogecoin's circulating supply, positioning itself as a leading digital asset treasury company.
The announcement triggered an 11.81% surge in CleanCore's stock price during after-hours trading, reaching $4.45 despite closing regular trading at $3.98. Year-to-date, ZONE stock has gained an impressive 201.52%, more than tripling in value during 2025.
This development comes as the first DOGE spot ETF (Rex-Osprey Doge ETF) faces delays, with its launch postponed to sometime next week after originally being scheduled for Thursday. Meanwhile, Dogecoin's price has risen 23% over the past seven days, trading at $0.26 at the time of reporting.
CleanCore's strategy mirrors the corporate cryptocurrency treasury movement pioneered by MicroStrategy, which currently holds over $73.7 billion in Bitcoin. The company successfully raised $175 million via private placement on September 5th to fund its DOGE purchases, despite initial market skepticism that caused a 60% stock price drop when the plan was first announced on September 3rd.