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Bit Origin is set to launch the DOGE Treasury Reserve, having secured $500 million in equity and debt financing.
BlockBeats News, July 17th, Nasdaq-listed mining company Bit Origin announced that it has reached an agreement with qualified investors to sell up to $4 billion of Class A common stock and up to $1 billion of convertible bonds. The $5 billion raised will be used to launch the Dogecoin (DOGE) Treasury Reserve. The company stated that DOGE may be included in future payment scenarios (such as X Money).
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