BitOrigin’s Bold $500M DOGE Reserve Plan Kicks Off with $10M Acquisition
In a significant move underscoring institutional confidence in meme cryptocurrencies, Nasdaq-listed BitOrigin has initiated its ambitious $500 million Dogecoin reserve strategy with an initial $10 million purchase of 40.5 million DOGE. Announced on July 23, 2025, this acquisition highlights the company's bullish outlook on Dogecoin's long-term value proposition. The strategic investment positions BitOrigin as a potential leader in institutional altcoin adoption, with CEO publicly endorsing DOGE's market potential. This development marks a pivotal moment for Dogecoin's legitimacy as a reserve asset and could catalyze further institutional interest in the meme-inspired cryptocurrency.
BitOrigin Makes Strategic $10M Dogecoin Acquisition as First Step Toward $500M Reserve
Nasdaq-listed BitOrigin has signaled its bullish stance on meme cryptocurrencies with a $10 million purchase of 40.5 million Dogecoins. The acquisition marks the initial phase of the company's ambitious plan to build a $500 million Doge reserve, positioning itself as a potential institutional leader in the altcoin market.
CEO's public endorsement of Dogecoin's long-term value proposition has drawn attention from analysts who see this MOVE as a potential catalyst for broader institutional adoption. Market observers note that such sizable allocations from listed companies could enhance credibility for speculative assets like DOGE.
The company framed the purchase as part of a strategic diversification into digital assets, with officials hinting at additional acquisitions. This corporate treasury strategy reflects growing confidence in cryptocurrencies as reserve assets despite ongoing market volatility.
Dogecoin Frenzy Reignites as Institutional Interest Sparks Rally, While Investors Diversify into Remittix
Dogecoin's price surged over 30% this week following Bit Origin Ltd's strategic purchase of 40.5 million DOGE for its treasury, signaling growing institutional confidence. The meme coin broke through $0.2445, confirming a double-bottom pattern, and briefly spiked to $0.2696 on heavy volume. ETF speculation and altcoin rotation away from Bitcoin are fueling the rally.
Meanwhile, savvy investors are quietly shifting gains into Remittix, a disruptive crypto alternative that has raised $16.7 million by selling 560 million tokens at $0.0842 each. The project is building sub-dollar payment rails and staking rewards for real-world use cases.
Analysts suggest dogecoin may soon test the $0.30 mark as regulatory clarity around asset tokenization drives interest in presale opportunities. The market appears to be rewarding both meme coin momentum and fundamental utility projects simultaneously.
BitOrigin Launches $500M Dogecoin Treasury with $10M Initial Purchase
BitOrigin has made its first strategic move into digital assets with a $10 million purchase of 40.5 million Dogecoin, averaging $0.2466 per token. This marks the initial phase of a broader $500 million treasury plan aimed at establishing the company as a leading institutional DOGE holder.
The acquisition gives BitOrigin a DOGE-per-share ratio of 0.691 based on current share structure. CEO Jinghai Jiang emphasized the decision stems from operational experience in proof-of-work ecosystems rather than speculation, signaling long-term conviction in Dogecoin's value proposition.
Market analysts are watching DOGE's technical indicators closely, with some anticipating a potential breakout cycle following this institutional endorsement. The move represents growing corporate interest in meme coins beyond retail speculation.