CleanCore Solutions raises $175M for DOGE treasury

NYSE-listed CleanCore Solutions (ZONE) announced it has raised $175 million through a private investment in public equity (PIPE) deal. The fundraise follows the company's previously disclosed plans to invest in Dogecoin (DOGE) and included participation from Mosaics, Pantera Capital, GSR Markets, FalconX, Borderless Capital, and Mythos. In connection with the investment, CleanCore has established a DOGE treasury in collaboration with the Dogecoin Foundation and House of Doge. Additionally, House of Doge CEO Marco Margiotta is set to join CleanCore as its Chief Investment Officer (CIO). The company first announced its plans on Sept. 2, after which its stock price fell sharply.