Bit Origin

Bit Origin is breaking new ground by focusing its corporate treasury on Dogecoin (DOGE), a first for any major U.S.-listed company. Backed by $500 million in financing commitments, Bit Origin began its DOGE journey with a $15 million debt raise and the purchase of over 40 million DOGE tokens.

This unusual move mimics the MicroStrategy playbook but with a memecoin twist. Bit Origin is wagering on DOGE's staying power and vibrant user base to serve as a viable long-term asset. If fully executed, the strategy would position Bit Origin as one of the largest institutional holders of DOGE, with its equity becoming a proxy for DOGE exposure.