CleanCore Solutions (ZONE) now holds over 710 million dogecoin (DOGE) tokens in its crypto treasury, with more than $20 million in unrealized gains, according to a Tuesday press release.
The company continues with its goal of acquiring 1 billion DOGE. Launched just a month ago, the initiative is backed by the Dogecoin Foundation and coordinated through its corporate arm, House of Doge.
CleanCore has been acquiring DOGE in phases since September 5 using proceeds from a $175 million private placement.
“Our Treasury strategy is closely aligned with the long-term vision of insiders and the House of Doge, which emphasizes expanding utility as a catalyst for broader adoption and sustained demand for Dogecoin as a global digital asset,” CEO Clayton Adams said.
ZONE shares are marginally lower on Tuesday alongside a 5.8% decline in the price of DOGE.