China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin. 

In a statement on Monday, the company data-ct-non-breakable=”null” href=”https://www.globenewswire.com/news-release/2025/07/21/3118728/0/en/Bit-Origin-Acquires-Over-40-Million-Dogecoin-DOGE-to-Advance-Treasury-Strategy.html” rel=”noopener nofollow” target=”_blank” title=”null”>said the Dogecoin (DOGE) buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt offering that aimed to raise $500 million.

At an average price of $0.24 per coin, Bit Origin would have spent around $9.9 million on its recent Dogecoin acquisition. The token is currently…

China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin. 

In a statement on Monday, the company data-ct-non-breakable=”null” href=”https://www.globenewswire.com/news-release/2025/07/21/3118728/0/en/Bit-Origin-Acquires-Over-40-Million-Dogecoin-DOGE-to-Advance-Treasury-Strategy.html” rel=”noopener nofollow” target=”_blank” title=”null”>said the Dogecoin (DOGE) buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt offering that aimed to raise $500 million.

At an average price of $0.24 per coin, Bit Origin would have spent around $9.9 million on its recent Dogecoin acquisition. The token is currently…