Bit Origin Goes All-In on Dogecoin: $500M Treasury Bet Sparks Market Frenzy
Dogecoin just got a half-billion-dollar vote of confidence—and the memecoin army is loving it.
The play: Bit Origin unveiled plans to allocate $500 million for a DOGE treasury, snapping up millions of the token in a single move. Because nothing says 'serious investment' like backing the cryptocurrency that started as a joke.
Why it matters: This isn't just pocket change—it's a hedge fund-sized bet on Dogecoin's staying power. The move sent shockwaves through altcoin markets, proving once again that crypto's wildest narratives can turn into real money magnets.
The fine print: While 'institutional adoption' gets thrown around, let's remember this is the same market where a Shiba Inu meme routinely moves billions. Stay for the tech, they said. It'll be different this time, they said.
