CleanCore Solutions' DOGE Holdings Top 500M; Shares Rise 13%

What to know:

• CleanCore Solutions (ZONE) has roughly doubled its dogecoin holdings to more than 500 million tokens; shares are higher by 13% in premarket trade.
• The firm aims to amass one billion DOGE tokens in 30 days, funded by a $175 million private placement backed by Pantera, GSR and FalconX.
• Dogecoin rose 5.5% to $0.26, valuing CleanCore’s current stash at about $130 million.

CleanCore Solutions (ZONE) surged in pre-market trading Friday after announcing it purchased more than 200 million dogecoin , pushing its total holdings past 500 million tokens.

At DOGE's current price of $0.26, up 6% in the past 24 hours, those 500 million tokens are worth about $130 million.

The move is part of the company’s plan to build a treasury of one billion DOGE within 30 days. The strategy was unveiled earlier this month alongside a $175 million private placement involving over 80 investors. Participants included Pantera Capital, GSR and FalconX, all well-known digital asset firms.

Earlier this week, Cleancore disclosed an initial purchase of 285 million DOGE, signaling the start of its accumulation effort. The latest buy suggests the company is ramping up quickly toward its one billion-token target.

Earlier this week, Cleancore disclosed an initial purchase of 285 million DOGE, signaling the start of its accumulation effort. The latest buy suggests the company is ramping up quickly toward its one billion-token target.