Bit Origin Ltd Bets Big: $500M Dogecoin Treasury Plan Shakes Up Crypto Markets

Dogecoin just got a half-billion-dollar vote of confidence—and Wall Street’s probably rolling its eyes.

The meme coin goes corporate

Bit Origin Ltd isn’t playing around. The firm’s throwing $500 million into a Dogecoin reserve, turning the joke currency into serious business. Forget moon missions—this is institutional-grade meme adoption.

Why this stings traditional finance

While bankers argue about yield curves, crypto firms are building treasuries in Doge. The move screams defiance against ‘serious’ finance—and might just work. After all, who needs bonds when you’ve got Shiba Inu branding?

One thing’s clear: the lines between internet culture and high finance just got blurrier. Whether this is genius or madness depends entirely on Dogecoin’s next price swing—because in crypto, fundamentals are optional.

Bit Origin takes strides towards Dogecoin

Jinghai Jiang, Chairman and CEO of Bit Origin, called the treasury initiative a “transformation” in the company’s business model. He mentioned that the company is adding a crypto treasury on top of its mining activities to become more involved in the digital asset market.

“Bit Origin is evolving beyond mining infrastructure to engage directly in the value and utility of digital assets,” Jiang said in a statement. “What started as a joke has evolved into a globally liquid asset with payments utility.”

Bit Origin’s newly announced Doge-focused roadmap includes asset accumulation and more interactions with the Dogecoin ecosystem. 

The company could use the treasury to service miners, develop payment applications, and pursue other Doge-based operations with long-term shareholder value.

“We hope Doge’s performance and community make it a natural fit for X Money,” said Jiang. “DOGE embodies a shared culture of Optimism and resilience that transcends existing political and financial systems.”

The company is also launching a Doge-per-share performance metric. According to its documents, the treasury value will increase over time, where shareholders will be holding stakes pegged to the token’s performance. 

Company regains Nasdaq compliance 

On July 1, 2025, Bit Origin released a statement saying it had regained compliance with Nasdaq’s minimum equity requirement. This followed a previous warning from Nasdaq issued on January 3, 2025, citing deficiencies in the company’s stockholder equity levels.

In response to the warning, Bit Origin submitted a compliance plan and by June 30 had demonstrated the necessary improvements. As a result, Nasdaq confirmed the company’s return to compliance with listing standards. 

Still, Nasdaq said that the company is still “under monitoring,” and any future failures could result in delisting proceedings. In that event, the company WOULD retain the right to appeal the decision before a Nasdaq Hearings Panel.

“We are pleased to have regained compliance with Nasdaq’s equity standard,” said CEO Jiang. “We are focused on building long-term growth and fulfilling compliance with all listing requirements.”

Dogecoin analysts have spotted a breakout verified by a strong candle close above two technical indicators, the 50-day Simple Moving Average at $0.1859 and the 200-day SMA at $0.1774. 

The levels were DOGE’s previous psychological resistance, and the close above both spells a potential reversal in trend from bearish to bullish.

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