Bit Origin Makes Bold Move: Dogecoin Becomes Core Treasury Asset
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Bit Origin (NASDAQ: BTOG), a Singapore-based digital mining company, is making headlines after announcing plans to become the first publicly traded U.S.-listed firm to adopt Dogecoin (DOGE) as its core treasury asset. This bold strategy positions Dogecoin — once labeled a meme coin — at the center of a growing trend in corporate crypto adoption.
$500 Million Treasury Strategy Focused on Dogecoin
The company revealed on Thursday its plan to raise $500 million in capital — including $400 million in equity and $100 million in convertible debt. These funds will be used to accumulate a substantial Dogecoin position.
Bit Origin has already secured $15 million in debt funding, with a large portion designated for its initial DOGE purchase.
This approach mirrors earlier corporate moves in the crypto space, notably MicroStrategy’s aggressive Bitcoin accumulation, but Bit Origin is the first to focus entirely on Dogecoin.
Dogecoin’s Growing Role in Institutional Crypto Adoption
While Dogecoin began as a satirical project, its market role has evolved significantly. With backing from high-profile figures, a loyal online community, and growing use cases, DOGE has become a recognized digital asset.
Bit Origin’s move marks a turning point — elevating DOGE from speculative asset to strategic treasury holding.
The announcement comes at a time when Dogecoin is up 3.6% in the last 24 hours, currently trading near $0.21, supported by overall market optimism.
Bit Origin Shares Rally Despite Past Volatility
Bit Origin’s stock, which had declined nearly 100% since its listing in 2019, saw a 28% increase on Thursday, jumping to $0.52 following the Dogecoin news. Despite a difficult year with a 58% decline in 2025, this new strategy has sparked investor interest.
The pivot to Dogecoin represents a high-risk, high-reward shift that could redefine Bit Origin’s trajectory.
The Future of Memecoins in Corporate Finance
As the first major company to build a Dogecoin treasury, Bit Origin is challenging traditional treasury norms. Whether this gamble pays off remains to be seen, but it highlights the evolving relationship between crypto and corporate finance.
Dogecoin’s entrance into treasury markets could signal broader institutional exploration of non-traditional digital assets in the near future.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
