Dogecoin treasury firm CleanCore stock slides as losses mount, DOGE value drops
CleanCore Solutions' stock hit a yearly low despite growing its Dogecoin holdings amid mounting quarterly losses and a drop in DOGE's value.Summary
CleanCore Solutions, the firm managing the Dogecoin treasury, saw its stock slide 7% to $0.43, its lowest point in 2025, even as it continues to increase its DOGE holdings. In its fiscal first-quarter report ending September 30, the company reported revenue growth to $900,000 from $400,000 year-over-year, but posted a significant net loss of $13.4 million, which CEO Clayton Adams attributed to one-time expenses related to its treasury strategy. The stock's decline follows a sharp drop in Dogecoin's value; DOGE is down over 25% in three months, causing CleanCore's 710 million DOGE holdings (worth $188 million in August) to be valued at nearly $123 million. This transition to a DOGE treasury strategy began with a partnership with House of Doge announced in September.
(Source：The Block)