CleanCore exits Dogecoin treasury with $33.4M sale for AI push

CleanCore Solutions has sold substantially all of its 463 million Dogecoin holdings for about $33.4 million as it redirects capital toward AI infrastructure while a $100 million stock offering has more than doubled its outstanding share count. Summary CleanCore sold substantially all of its 463 million DOGE holdings for about $33.4 million on July 20. The proceeds were redirected toward the company’s AI infrastructure business, ending its Dogecoin treasury strategy. A $100 million stock offering increased CleanCore’s outstanding shares by about 121.9% to 502.1 million. Warrants covering another 524.2 million shares could result in additional dilution if exercised. CryptoSlate, citing U.S. Securities and Exchange Commission filings, reported that CleanCore disposed of substantially all of its remaining Dogecoin (DOGE) on July 20 and allocated the proceeds to its AI infrastructure segment, ending a treasury strategy that less than a year ago was built around accumulating a major share of DOGE supply. The sale follows several earlier disposals. An SEC prospectus showed that by June 2, CleanCore had already sold about 200 million DOGE for $18.4 million and transferred another 70 millio...