CleanCore established a Dogecoin treasury via a $175,000,420 private placement, issuing 175,000,420 pre-funded warrants at $1 each to adopt Dogecoin as its primary treasury reserve asset and fund operations; the offering closed Sept. 4 with Dogecoin Foundation acknowledgement.
CleanCore raised $175,000,420 through 175,000,420 pre-funded warrants to create a Dogecoin treasury.
Proceeds are designated for Dogecoin reserves, working capital and corporate purposes.
Dogecoin Foundation clarified no new token was issued; references to ZONE were misread as a scam.
Dogecoin treasury: CleanCore forms $175,000,420 Dogecoin treasury; read the full breakdown and Dogecoin Foundation clarification. Learn more with COINOTAG coverage.
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What is the CleanCore Dogecoin treasury?
Dogecoin treasury refers to CleanCore’s newly formed reserve of Dogecoin funded by a $175,000,420 private placement that issued 175,000,420 pre-funded warrants at $1 each. The treasury is intended as CleanCore’s primary reserve asset and to support working capital and corporate purposes.
How did CleanCore fund the Dogecoin treasury?
CleanCore completed a private investment in public equity (PIPE) offering that sold 175,000,420 pre-funded warrants priced at $1 each, generating $175,000,420 in proceeds. The offering closed on Sept. 4, and funds are allocated to Dogecoin reserves and general corporate needs.
Why did the Dogecoin Foundation issue a clarification?
The Dogecoin Foundation clarified that mentions of ZONE — the NYSE ticker for CleanCore — were misinterpreted on social platforms. The organization confirmed the treasury is active and explicitly stated no new token or alternative cryptocurrency was created, noting any such claims are scams.
Frequently Asked Questions
How many pre-funded warrants did CleanCore issue?
CleanCore issued 175,000,420 pre-funded warrants at $1 each in the private placement, producing $175,000,420 in gross proceeds for the Dogecoin treasury and corporate use.
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No. The Dogecoin Foundation confirmed this is not a new token. Statements referencing ZONE were misread on social platforms; there is no issuance of a new Dogecoin-derived token.
The Dogecoin Foundation and the House of Doge (the commercial arm of the Dogecoin Foundation) acknowledged the Dogecoin treasury. These organizations provided public clarification regarding the treasury’s status.
Follow these verification steps to confirm the treasury and official statements. Look for confirmations from the Dogecoin Foundation and the company’s publicly filed offering documents. Verify issuance details and closing date in the company’s official filings or investor communications.
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