DOGE Price Rallies on News of $500M Corporate Dogecoin Treasury Plan
- Bit Origin is pivoting to Dogecoin with a bold $500 million crypto treasury strategy.
- DOGE has broken out of a long-term falling wedge pattern, targeting $0.44 to $0.63.
- Analyst Captain Faibik calls for a “parabolic” DOGE rally, citing the 2D breakout.
Dogecoin could be on the cusp of a major rally, thanks to a bold move from a publicly traded company. Bit Origin (BTOG), a Nasdaq-listed mining firm, has announced a new crypto treasury initiative that places DOGE at the center of its strategy.
The news has fueled optimism across the DOGE market, as traders and analysts look for a potential “parabolic” move.
Nasdaq company’s $500M treasury plan puts DOGE in the spotlight
Bit Origin is raising $500 million, which includes $400 million in equity and $100 million in convertible debt, designed to support large-scale DOGE acquisitions. Bit Origin has already closed $15 million of that debt, with a portion earmarked for its initial Dogecoin purchases.
BREAKING:
— CEO (@Investments_CEO) July 17, 2025
BIT ORIGIN TO RAISE $500M TO BUY DOGECOIN — FIRST U.S. PUBLIC COMPANY TO ADOPT $DOGE AS TREASURY ASSET. pic.twitter.com/xgLsPqZ6EL
The announcement …
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DOGE Price Rallies on News of $500M Corporate Dogecoin Treasury Plan
- Bit Origin is pivoting to Dogecoin with a bold $500 million crypto treasury strategy.
- DOGE has broken out of a long-term falling wedge pattern, targeting $0.44 to $0.63.
- Analyst Captain Faibik calls for a “parabolic” DOGE rally, citing the 2D breakout.
Dogecoin could be on the cusp of a major rally, thanks to a bold move from a publicly traded company. Bit Origin (BTOG), a Nasdaq-listed mining firm, has announced a new crypto treasury initiative that places DOGE at the center of its strategy.
The news has fueled optimism across the DOGE market, as traders and analysts look for a potential “parabolic” move.
Nasdaq company’s $500M treasury plan puts DOGE in the spotlight
Bit Origin is raising $500 million, which includes $400 million in equity and $100 million in convertible debt, designed to support large-scale DOGE acquisitions. Bit Origin has already closed $15 million of that debt, with a portion earmarked for its initial Dogecoin purchases.
BREAKING:
— CEO (@Investments_CEO) July 17, 2025
BIT ORIGIN TO RAISE $500M TO BUY DOGECOIN — FIRST U.S. PUBLIC COMPANY TO ADOPT $DOGE AS TREASURY ASSET. pic.twitter.com/xgLsPqZ6EL
The announcement …
The post DOGE Price Rallies on News of $500M Corporate Dogecoin Treasury Plan appeared first on Coin Edition.
Читать больше
PUMP Is Down 15%, But Why Are Traders Betting $674 Million on It in the Futures Market?