Dogecoin Sees Modest Price Increase Today: DOGE Launches $175 Million Treasury!

Jakarta, Pintu News – The commercial arm of the Dogecoin Foundation, House of Doge, has entered into a partnership with CleanCore Solutions to launch the first official Dogecoin Treasury.

The initiative was supported by a private placement of $175,000,420, which marked the beginning of an era of institutional-level adoption for DOGE.

Interestingly, the partnership also involves 21Shares, a $12 billion asset manager, which will help oversee the allocation, governance and transparency of the treasury.

Then, how is the current Dogecoin price moving?

Dogecoin Price Rises 0.54% in 24 Hours

On September 4, 2025, Dogecoin saw a modest 0.54% increase in price over the last 24 hours, trading at $0.2166, or roughly IDR 3,555. During this period, the price of DOGE fluctuated between IDR 3,525 and IDR 3,664.

As of now, Dogecoin’s market capitalization is approximately IDR 539.27 trillion, with a 24-hour trading volume of about IDR 25.87 trillion.

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Funding and Major Investor Details

To build its treasury, CleanCore executed a private investment in public equity (PIPE), by issuing 175,000,420 Pre-Funded Warrants at $1 each, raising approximately $175 million before fees.

The placement attracted participation from over 80 institutional and crypto-native investors, including Pantera, Borderless, FalconX, Mythos, and MOZAYYX. The offering will close on September 4, subject to standard approval by NYSE American.

DOGE Treasury Leadership and Governance

Meanwhile, leadership from the House of Doge and the Dogecoin Foundation will play a central role in the initiative.

Alex Spiro has been appointed as Chairman of the Board of Directors. Timothy Stebbing, CTO of House of Doge, will join the board. Marco Margiotta, CEO of House of Doge, will serve as Chief Investment Officer at CleanCore.

Together, this leadership team will formulate the company’s future treasury allocation and integration strategy.

Dogecoin Becomes a Treasury Reserve Asset

According to the press release, the proceeds from this placement will allow CleanCore to make Dogecoin its primary treasury reserve asset. This move will align it with the growing number of public companies that are building their treasuries using cryptocurrencies.

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Specifically, plans are underway to integrate staking-like rewards, yield opportunities, and collaboration with exchanges that could increase the usability and appeal of DOGE for retail and institutional participants.

This move aims to position Dogecoin as a major commercial tokenization, payment, and adoption tool.

“Important Moment for Dogecoin”

In the official announcement, executives from the House of Doge and CleanCore described this treasury strategy as a major turning point for Dogecoin.

They note that this strengthens DOGE’s legitimacy beyond its meme-inspired origins and also sets a precedent for how foundations can work with public companies to create real-world utility.

As Dogecoin officially enters the treasury strategy discussion at the institutional level, this initiative marks the beginning of Dogecoin’s next phase as a serious global payments currency.

The meme coin joins other assets, such as Bitcoin , Ethereum , and XRP , which currently dominate institutional portfolios.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• The Crypto Basic. Dogecoin Foundation Launches First Official DOGE Treasury With $175M Backing. Accessed on September 4, 2025