CleanCore invested $68 million to build a Dogecoin treasury, and the stock price rose 40% after hours

ChainCatcher news, the US-listed company CleanCore Solutions (ticker: ZONE) announced that it has purchased 285.4 million Dogecoins (approximately 68 million USD), becoming the largest Dogecoin digital asset treasury company to date. The company plans to expand its holdings to 1 billion coins within 30 days.

The treasury was established in collaboration between CleanCore and the House of Doge under the Dogecoin Foundation, aiming to promote the use and global adoption of Dogecoin as a "people's currency." Following the announcement, CleanCore's stock closed at $3.51 on Monday, surging 40% in after-hours trading, with a market capitalization of approximately $500 million. The price of Dogecoin also rose about 7% to $0.24, with a market cap exceeding $36 billion, making it the seventh-largest cryptocurrency. Market news indicates that the first Dogecoin ETF may be listed as early as this week.