Nasdaq-listed 'Bit Origin' Acquires 40.54 Million Dogecoins

Source
Son Min

Summary

  • The Nasdaq-listed mining company Bit Origin has reportedly purchased 40.54 million units of Dogecoin (DOGE).
  • Bit Origin disclosed that the average purchase price per DOGE was $0.2466 in accordance with its digital asset reserve strategy.
  • It was previously reported that Bit Origin had pursued a $500 million fundraising plan for accumulating Dogecoin.

Bit Origin, a Nasdaq-listed mining company, has reportedly purchased 40.54 million Dogecoins (DOGE).

According to GlobeNewswire on the 21st (local time), Bit Origin announced in a press release that "in line with its digital asset (cryptocurrency) reserve strategy, it has acquired 40.54 million DOGE," and stated that "the average purchase price per DOGE was $0.2466."

Previously, Bit Origin had pursued a plan to raise $500 million for accumulating Dogecoin.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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