Nasdaq Listed Company Takes Action to Create a $500 Million Treasury from an Unexpected Altcoin! "We Want to Be the Biggest!"

Recently, the treasury strategy for Bitcoin (BTC), Ethereum (ETH), and altcoins has started to accelerate. As companies announce their million-dollar moves one after another, the latest announcement came from a company named Bit Origin.

The company Bit Origin listed on Nasdaq announced that it will raise 500 million dollars and create a large Dogecoin (DOGE) treasury.

According to the official statement, Bit Origin announced that it plans to raise a total of 500 million dollars, with 400 million dollars to accumulate Dogecoin as a fundamental asset and 100 million dollars as convertible debt.

The company has currently raised 15 million dollars and plans to use a significant portion of the revenue for its first Dogecoin purchase.

The company aims to become one of the largest publicly traded Dogecoin holders by showcasing the benefits of DOGE, its low fees, and its strong community.

"Bit Origin aims to become one of the largest public holders of Dogecoin.

The strategy aims to provide long-term value by increasing Doge per share.

Jinghai Jiang, CEO and President of Bit Origin, said: "Bit Origin is going beyond mining infrastructure to directly engage in the value and utility of digital assets. What started as a joke has turned into a globally liquid asset with payment convenience. Very few digital assets can compete with Dogecoin's payment speed and community strength, which continue to sustain adoption in peer-to-peer payments and online commerce. In an era dominated by collapsed institutions, DOGE represents a culture of shared optimism and resilience that transcends current political and financial systems."