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: BIT ORIGIN TO RAISE $500M TO BUY DOGECOIN — FIRST U.S. PUBLIC COMPANY TO ADOPT $DOGE AS TREASURY ASSET. pic.twitter.com/xgLsPqZ6EL — CEO (@Investments_CEO) July 17, 2025 The announcement … The post DOGE Price Rallies on News of $500M Corporate Dogecoin Treasury Plan appeared first on Coin Edition .

Source: Coin Edition