CleanCore Solutions has pivoted from scrubbing hospital floors with patented aqueous ozone systems to accumulating what may become the world’s largest corporate Dogecoin hoard—a strategic about-face that would make even the most seasoned Wall Street observers pause mid-sip of their overpriced coffee.
A corporate metamorphosis so jarring it could induce whiplash among the most caffeinated financial analysts on Wall Street.
The company’s initial $68 million acquisition of 285.42 million Dogecoin in September 2025 represents more than just another corporate treasury diversification play. CleanCore established the Official Dogecoin Treasury with backing from the Dogecoin Foundation and House of Doge, instantly becoming the largest single holder of the meme-turned-legitimate cryptocurrency. This accomplishment occurred within one week of announcing their treasury strategy—a timeline that suggests either remarkable execution efficiency or breathtaking impulsiveness.
The truly audacious element lies in CleanCore’s 30-day target: accumulating up to one billion DOGE tokens, representing roughly 5% of the cryptocurrency’s total circulating supply. Such aggressive accumulation typically signals either profound conviction or spectacular overconfidence in the asset’s trajectory.
Supporting this crypto pivot, CleanCore raised $175 million through a private placement backed by over 80 institutional and crypto-native investors, including Pantera Capital, GSR, FalconX, MOZAYYX, and Borderless. The proceeds are dedicated exclusively to Dogecoin acquisition, transforming the digital asset into CleanCore’s primary reserve holding. The House of Doge serves as the corporate arm of the Dogecoin Foundation, working to advance commercial adoption and develop financial products for real-world asset tokenization. This strategic focus on RWA tokenization aligns with broader industry trends toward unlocking value from illiquid traditional assets through blockchain technology.
New board chairman Alex Spiro—Elon Musk’s longtime attorney—adds considerable credibility to this unconventional strategy. Chief Investment Officer Marco Margiotta leads the digital treasury program aimed at replacing idle fiat with appreciating, liquid assets that align with generational shifts in asset storage methods.
Remarkably, CleanCore’s core business continues demonstrating operational momentum. Fiscal 2024 revenue grew 29% year-over-year to $2.07 million, with recent contract wins including a major logistics client operating over 1,000 U.S. facilities. The acquisition of Sanzonate Europe and General Services Administration approval highlight expanding market penetration for their eco-friendly cleaning systems.
Market reaction has been characteristically volatile. Initial announcements triggered a 60% stock decline, followed by an 8.33% rally as partnership details emerged. The partnership with Bitstamp by Robinhood for custody and trading infrastructure strengthens the treasury’s operational foundation.
Whether CleanCore’s dual strategy of maintaining traditional cleaning operations while building a massive Dogecoin position represents visionary diversification or corporate identity crisis remains unclear.
What’s certain: they’ve transformed from a niche industrial company into one of cryptocurrency’s most watched treasury plays.
