Bit Origin’s $500 Million Dogecoin Treasury: A Bold Step for DOGE’s Mainstream Adoption

In a groundbreaking move, Bit Origin Ltd (NASDAQ: BTOG) has secured $500 million in equity and debt facilities to establish a Dogecoin treasury, marking the first major US-listed company to adopt DOGE as a core asset. This strategic initiative includes $400 million in Class A ordinary shares and $100 million in convertible debt, positioning Bit Origin among the largest public holders of Dogecoin. CEO Jinghai Jiang highlighted Dogecoin's evolution from a meme to a liquid and widely recognized digital asset, underscoring the company's confidence in its long-term value. This development signals a significant milestone for Dogecoin's mainstream adoption and could potentially influence its future price trajectory. As of July 2025, the crypto community is closely watching how this bold move will shape DOGE's position in the institutional investment landscape.

Bit Origin Secures $500 Million to Launch Dogecoin Treasury

Bit Origin Ltd (NASDAQ: BTOG) has secured $500 million in equity and debt facilities to establish a dogecoin treasury, marking the first major US-listed company to adopt DOGE as a core asset. The strategy includes $400 million in Class A ordinary shares and $100 million in convertible debt, positioning Bit Origin among the largest public holders of Dogecoin.

CEO Jinghai Jiang emphasized Dogecoin's evolution from a meme to a liquid asset with payment utility, citing its settlement speed and community-driven adoption. The MOVE aligns with potential integrations into payment platforms like X Money, as Elon Musk advances his vision for X as a global super-app.

Twitter Analyst Bets $500K on Unilabs Finance as DOGE Shows Bullish Signals

Dogecoin's price action suggests a potential breakout, with technical charts indicating a double-bottom pattern forming between $0.14-$0.16. The meme coin has gained traction NEAR the $0.239 resistance zone, drawing attention from traders anticipating upward momentum.

Meanwhile, Unilabs Finance emerges as a new focus for smart money. The AI-driven platform has attracted a $500,000 investment from the same analyst who previously identified DOGE's potential below $0.005. Market participants are evaluating Unilabs' automated tools and utility-focused proposition as the next high-reward opportunity.

Dogecoin Breaks $0.21, Eyes $0.25 Resistance in Bullish Continuation

Dogecoin (DOGE) has surged past the $0.21 mark, marking a significant technical breakout and signaling renewed investor optimism. The memecoin is currently trading around $0.216, bolstered by strong momentum across multiple timeframes. Analysts now foresee a potential push toward the $0.25 resistance zone, with bullish structures emerging on daily, weekly, and quarterly charts.

The breakout follows Dogecoin's exit from a multi-week descending channel, reclaiming the $0.20 level with conviction. Derivatives data indicate robust long positioning, while the symmetrical triangle structure on the weekly chart has resolved upward, further reinforcing the bullish narrative. Higher highs and higher lows in recent weeks underscore the trend reversal.