Bit Origin issues $500 million equity and debt financing to launch DOGE treasury reserve
2025-07-17 13:30:54
Nasdaq-listed miner Bit Origin announced that it has reached an agreement with accredited investors to sell up to $400 million of Class A common stock and up to $100 million of convertible bonds, and the $500 million raised will be used to launch the Dogecoin DOGE treasury reserve. Bit Origin is expected to become the largest listed company in DOGE holdings to date. The company said that DOGE may be included in payment scenarios in the future (such as X Money).
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