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CleanCore disclosed holdings of 733 million DOGE tokens, but its stock price fell to its lowest level of the year.

2025-11-14 00:51

According to CleanCore Solutions' first-quarter financial report ending September 30, the company's Dogecoin holdings increased to 733 million coins, and it reiterated its long-term goal of acquiring 5% of the circulating supply. Revenue for the quarter was $900,000, up from $400,000 in the same period last year, but a net loss of $13.4 million was recorded due to one-time charges. CEO Clayton Adams stated that these charges were related to transactions related to its Dogecoin treasury strategy. Affected by the financial report and the decline in DOGE's market capitalization, CleanCore's stock price fell 7% to $0.43 on Thursday, its lowest level this year, a significant drop from around $7 in August. Currently, DOGE is trading at around $0.16, a decline of over 25% in the past three months, reducing CleanCore's holdings to approximately $123 million. The company also announced the completion of a $175 million private placement to advance its treasury partnership strategy with the House of Doge. (The Block)