Dogecoin Foundation’s corporate vehicle, House of Doge Inc., has announced an official treasury for the meme coin. The programme will deploy about $175m to purchase DOGE.
House of Doge, Dogecoin Foundation & CleanCore Solutions (NYSEAM: ZONE) launch 175M Dogecoin Treasury.https://t.co/XMQGQqLZec
— Dogecoin Foundation (@DogecoinFdn) September 2, 2025
The reserve will be created in strategic partnership with CleanCore Solutions. The project will also be overseen by 21Shares, a crypto-ETF issuer with more than $12bn in assets under management. The firms will handle capital allocation, investment opportunities and corporate governance.
To finance the initiative, CleanCore will issue shares worth $175m. All proceeds will be used to acquire DOGE.
“By building, together with 21Shares, infrastructure for institutional investments, we are laying the groundwork for the recognition of Dogecoin as a serious currency that goes beyond its meme origins,” said House of Doge CEO Marco Margiotta.
Alex Spiro—Elon Musk’s personal attorney—will serve as chairman of CleanCore’s board.
Bit Origin became the first company with a corporate DOGE reserve, announcing on July 17 it had raised $500m in Dogecoin investments.
The token did not react to the news. Over the past 24 hours it has fallen 2.6%. At the time of writing it trades at $0.21.
Corporate treasury news
From August 26 to September 1, Michael Saylor’s Strategy bought 4,048 BTC for $449.3m, according to filings with the SEC. The company now holds 636,505 BTC worth about $70bn.
Strategy has acquired 4,048 BTC for ~$449.3 million at ~$110,981 per bitcoin and has achieved BTC Yield of 25.7% YTD 2025. As of 9/1/2025, we hodl 636,505 $BTC acquired for ~$46.95 billion at ~$73,765 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/dxXWygUijS
— Michael Saylor (@saylor) September 2, 2025
According to the filing, to fund the latest purchase Strategy sold 1.2m MSTR shares for $425.3m. It also liquidated 199,509 STRK shares for $19m, 237,931 STRF shares for $26.5m and 2,973 STRD shares for $1m.
At the time of writing, 163 public companies hold bitcoin.
Firms are also accumulating Ethereum. On September 2, SharpLink Gaming, backed by Joseph Lubin, reported purchasing 39,008 ETH. Its reserve rose to 837,230 ETH valued at $3.6bn.
NEW: SharpLink acquired 39,008 ETH at an average price of ~$4,531, bringing total holdings to 837,230 ETH, valued at ~$3.6B.
Key highlights for the week ending Aug 31st, 2025:
→ Raised $46.6M through the ATM facility
→ Added 39,008 ETH at ~$4,531 avg. price
→ Staking… pic.twitter.com/dy7x1Ux0NY— SharpLink (SBET) (@SharpLinkGaming) September 2, 2025
The company said that since launching its asset-focused strategy it has earned 2,318 ETH in staking rewards.
The Ether Machine announced it raised 150,000 ETH worth $654m from Blockchains founder Jeffrey Berns. At the same time, BitMine bought an additional 153,075 ETH worth $668m.
ETHZilla Corporation rebalanced its holdings, directing $100m to the EtherFi restaking protocol.
A new player also entered the segment: Hong Kong-based Yunfeng Financial, which announced the purchase of 10,000 ETH for a total of $44m.
Firms with reserves in the second-largest cryptocurrency by market value control 3.6% of its supply.
CEA Industries announced the purchase of 38,888 BNB for $33m. Total holdings reached 388,888 BNB worth $330m. The firm aims to amass 1% of the coin’s supply by end-2025.
Tron Inc., whose shares trade on Nasdaq, said it received $110m from its largest shareholder Bravemorning Limited. As a result, 312m TRX were added to the firm’s reserve, it said.
Earlier, Ethereum founder Vitalik Buterin supported corporate treasuries in the second-largest cryptocurrency but warned of risks. In his words, excessive use of borrowed funds by companies could turn this into “a dangerous game”.