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Bit Origin Plans to Launch DOGE Treasury Reserve, Has Secured $500 Million in Equity and Debt Financing

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#Fundraising
ForesightNews
346Words
Jul 17, 2025

Nasdaq-listed mining company Bit Origin announced that it has reached an agreement with qualified investors to sell up to $400 million of Class A common stock and up to $100 million of convertible bonds. The $500 million raised will be used to launch a Dogecoin $DOGE treasury reserve. The company said that $DOGE may be included in payment scenarios in the future (such as X Money). [Foresight News]

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