CleanCore’s $175M Dogecoin Treasury Gamble Sends Shares Plummeting 60%

CleanCore just bet big on meme magic—and Wall Street isn't laughing.
The Strategic Pivot
Instead of stacking cash or traditional assets, the company dropped $175 million to establish a Dogecoin treasury reserve. The move positions them among the first major corporations to embrace meme coin adoption at this scale.
Market Backlash
Investors responded with a brutal sell-off, slicing CleanCore's share price by 60% in a single session. The reaction highlights the stark divide between crypto enthusiasm and traditional finance skepticism.
High-Risk, High-Reward?
While some praise the forward-thinking approach, critics call it a reckless gamble with shareholder value—another case of corporate funds chasing internet hype rather than solid fundamentals.
Love it or hate it, CleanCore's play proves one thing: in today's market, even the 'joke' coins aren't laughing matters anymore.