CleanCore Solutions continues its active strategy of acquiring Dogecoin, having reached 500 million tokens, which is half of their target of 1 billion.
Acquisition of Dogecoin
On Thursday, CleanCore Solutions announced the purchase of 285.42 million Dogecoin, exceeding a total of 500 million DOGE holdings. The company aims to reach a total of 1 billion tokens within the next 30 days.
Management Comments
CleanCore's Chief Investment Officer, Marco Margiotta, stated, "Crossing the 500 million DOGE threshold demonstrates the speed and scale at which ZONE is executing its treasury strategy." He also mentioned that the aim is to "establish Dogecoin as a premier reserve asset while supporting its broader utility across payments, tokenization, and global remittances."
Market Fluctuations and ETF Delay
Shares of CleanCore Solutions closed at $3.98, but rallied 11.81% during after-hours trading to $4.45. The stock is up 201.52% year-to-date. Additionally, the anticipated launch of the Rex-Osprey Doge ETF has been delayed and is now expected to take place next week.
The attention to Dogecoin and CleanCore Solutions' actions highlight the increasing interest and activity in the cryptocurrency market despite market fluctuations and ETF launch delays.