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DOGE Treasury Company Eyes $200 Million Investment Plan
A DOGE treasury company is floating a proposal to investors these days. The plan? Raising funds to invest in DOGE cryptocurrency. Six different sources spilled the beans about this. Three saw the presentation firsthand. The other three heard it from people in the know.
Two sources mentioned the magic number - $200 million. That's about €169.25 million. The details are fuzzy though. No one's quite clear on the company structure. Launch timeline? Kind of a mystery still.
"House of Doge" seems to be all in. Three sources said this official DOGE entity signed something to back the initiative. They're positioning themselves as the official treasury platform. Interesting move. The DOGE Foundation set them up earlier in 2025. They work out of Miami, mostly pushing the DOGE token ecosystem forward.
The fundraising papers are making rounds among potential investors. Five insiders pointed to something surprising - Elon Musk's personal lawyer, Alex Spiro, might take the chairman seat. This would happen once the company gets listed. Not entirely confirmed, but that's the buzz.