CleanCore (ZONE) from Omaha, Nebraska, saw a surge in stock prices of up to 7 percent in trading on Tuesday (9/17/2025) before reversing course and moving downwards. The catalyst for this movement was the company’s decision to increase its ownership of the Dogecoin (DOGE) crypto asset by 100 million tokens. According to Yahoo Finance, the addition brings CleanCore’s Dogecoin holdings to more than 600 million, with a value exceeding USD 161 million or about Rp2.64 trillion (at an exchange rate of Rp16,432 per US dollar).
CleanCore’s Chief Investment Officer, Marco Magiotta, described this move as part of the company’s long-term strategy. He stated, “Our goal is to make Dogecoin our primary reserve asset while promoting its use in payments, tokenization, staking-like products, and remittances. We believe that the transparent accumulation approach has positively contributed to market confidence in DOGE’s long-term potential.”
CleanCore has partnered with House of Doge, the commercial arm of the Dogecoin Foundation, to increase adoption and popularity of DOGE. Interestingly, Magiotta also serves as the CEO of House of Doge, earning CleanCore the title of the “official Dogecoin treasury.”
