Summary
- CleanCore Solutions said it increased its Dogecoin holdings to 710 million.
- It said the current value of its holdings is about $188 million and that it aims to stockpile a total of 1 billion DOGE.
- CleanCore said it is proceeding with registration for a $175 million private placement of shares with the SEC and monitoring the short-selling proportion.
Crypto asset (cryptocurrency) accumulation company CleanCore Solutions has increased its Dogecoin (DOGE) holdings to 710 million.
On the 7th (local time), according to CoinDesk, CleanCore Solutions said in a filing that its Dogecoin holdings had reached 710 million. This announcement comes just one month after the September 11 update that disclosed 500 million DOGE holdings. It added that it is proceeding with registration procedures for a private placement (private placement) of shares worth $175 million with the U.S. Securities and Exchange Commission (SEC).
CleanCore's chief executive officer (CEO) Clayton Adams explained, "A substantial portion of the shares for which registration has been filed are held by the corporate arm of the Dogecoin Foundation, House of Doge, and by employees and their families, and these are in lock-up." He said, "We are working with the SEC to promptly complete the share registration process while closely monitoring the short-selling proportion of our shares."
Meanwhile, CleanCore Solutions aims to hold a total of 1 billion DOGE, and the current value of its holdings is about $188 million.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
