Bit Origin Secures $500M for Dogecoin Treasury Move

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Bit Origin Ltd, a Nasdaq-listed company, announced securing $500 million for a Dogecoin treasury on July 17, 2025.

This highlights Dogecoin’s potential institutional traction, as a public firm aims to diversify its treasury with it.

Bit Origin Ltd’s $500 million move into Dogecoin represents a groundbreaking approach to crypto treasuries. With equity and convertible bond debt financing as the base, the investment marks an unprecedented action for DOGE by a Nasdaq-listed entity. Company chairman Jiang Jinghai expressed confidence, noting the strategic shift towards Dogecoin as a long-term reserve asset.

“Bit Origin Ltd has secured up to $500 million in financing to launch a Dogecoin treasury reserve.” — Jiang Jinghai, Chairman of the Board, CEO, and COO, Bit Origin Ltd

Securing the initial $15 million tranche for DOGE purchases positions Bit Origin as a pioneer, aiming to increase DOGE held per share over time. This initiative aligns with recognized strategies employed by firms such as MicroStrategy’s BTC accumulation.

The focus on Dogecoin may signal growing acceptance by public companies, potentially shifting institutional narratives. However, no major exchanges have adjusted DOGE-related products following this news, indicating a cautious industry stance for now.

Regulatory and expert reactions remain absent, leaving speculative outcomes uncertain. The lack of formal comments may be viewed as pending validation of DOGE’s role in corporate reserves. Nonetheless, analysts will monitor market responses and on-chain activities.

Future actions could hinge on how the market interprets DOGE’s value proposition in financial ecosystems. Should Dogecoin maintain its price stability or appreciate, further corporate adoption might follow, paving the way for Dogecoin’s broader integration.