DOGE Treasury Company Eyes $200 Million Investment Plan

robot
Abstract generation in progress

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.

DOGE1.96%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)