The Dogecoin Foundation says the Dogecoin Treasury will become a publicly traded company within weeks, aiming to boost adoption, accessibility and more.The Dogecoin Foundation says the Dogecoin Treasury will become a publicly traded company within weeks, aiming to boost adoption, accessibility and more.

Dogecoin Treasury to Become Publicly Traded Company, Foundation Says

doge4358989453 main

Dogecoin Foundation says the Dogecoin Treasury will become a publicly traded company in a matter of weeks, and the group thinks that could change how people view and use the famously playful coin. In a thread shared on X, Courtney from the Dogecoin Foundation laid out what the move could mean for “the average shibe.”

The message was part enthusiastic, part practical: by turning the Dogecoin Treasury into a publicly traded stock, the Foundation argues, a large holding of DOGE could be concentrated behind a corporate vehicle, potentially reducing the number of coins in circulation and giving remaining coins room to “maybe” appreciate. “Dogecoin to the moon!” the post cheerfully declared, while also acknowledging that every investor’s goals are different.

Mainstream Adoption

Beyond price speculation, the Foundation framed the step as a reputational upgrade for Dogecoin. What began as a meme, Courtney wrote, could take on a more “serious holding” status in the eyes of businesses and consumers, a shift that could encourage more merchants to accept Dogecoin payments. The tweet even imagined everyday moments like choosing Dogecoin sushi over a Bitcoin pizza, showing the Foundation’s hope that mainstream adoption could follow.

The announcement also focused on accessibility. Making the Treasury a listed company, the Foundation said, would let ordinary investors buy into Dogecoin without needing a crypto wallet or learning “the Ways of Crypto.” The tweet pointed to existing traditional-market products, such as the 21Shares exchange-traded product mentioned earlier this year, as examples of how non-crypto-native buyers can take part.

Owning shares in a publicly traded entity would, the Foundation added, give investors a formal voice in how the Treasury is run: “Buying shares in a publicly traded company like this actually gets you a vote in how it’s run! So you all have a voice, and shibes together — strong.”

Courtney’s thread closed on a community-minded note, stressing that the move is backed by “real, committed backers” working toward a sustainable future for Dogecoin and its community. The Foundation kept a familiar tone throughout, blending meme-era cheer with reminders of financial prudence: “As always, DYOR, NFA, and Do Only Good Everyday.”

The Foundation did not provide additional details about the corporate structure, the timeline beyond “a few weeks,” or the identity of the company that will hold the Treasury in its tweet. Observers will be watching for formal filings and further announcements to clarify how the transition will work and what it could mean for DOGE holders and the broader crypto market.

Market Opportunity
Boost Logo
Boost Price(BOOST)
$0.000893
$0.000893$0.000893
-3.97%
USD
Boost (BOOST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Global Crypto Leaders to Converge in Dubai for Historic 30th Edition of HODL

Global Crypto Leaders to Converge in Dubai for Historic 30th Edition of HODL

The 30th edition of the HODL (Formerly World Blockchain Summit), the world's longest-running Crypto & Web3 Summit series is set to return to Dubai.
Share
Crypto Breaking News2025/06/17 20:16
Buterin pushes Layer 2 interoperability as cornerstone of Ethereum’s future

Buterin pushes Layer 2 interoperability as cornerstone of Ethereum’s future

Ethereum founder, Vitalik Buterin, has unveiled new goals for the Ethereum blockchain today at the Japan Developer Conference. The plan lays out short-term, mid-term, and long-term goals touching on L2 interoperability and faster responsiveness among others. In terms of technology, he said again that he is sure that Layer 2 options are the best way […]
Share
Cryptopolitan2025/09/18 01:15
Chinese Bitcoin Hardware Titans Control 95% of Market, Now Coming to America to Dodge Trump Tariff War

Chinese Bitcoin Hardware Titans Control 95% of Market, Now Coming to America to Dodge Trump Tariff War

Three of China’s largest Bitcoin hardware manufacturers are establishing production facilities in the United States as President Donald Trump’s tariff policies reshape the cryptocurrency industry. The three industry leaders, Bitmain, Canaan, and MicroBT, collectively control over 90% of the global mining rig market. These companies are the architects of Bitcoin’s physical infrastructure, manufacturing the specialized ASIC (Application-Specific Integrated Circuit) machines that form the backbone of the world’s most valuable cryptocurrency network. Every Bitcoin mined globally likely passes through hardware bearing Chinese engineering fingerprints. 95% Market Control Sparks “Digital Dependency Trap” and Security Risks According to a June 18 Reuters report, these Bitcoin mining giants are establishing U.S. operations to circumvent potential tariffs. However, critics have raised security concerns about Chinese involvement in sectors spanning semiconductor manufacturing and energy infrastructure. Guang Yang, chief technology officer at crypto technology provider Conflux Network, described the situation as extending beyond trade policy. “The U.S.-China trade war goes beyond tariffs,” Yang stated. “It’s a strategic pivot toward ‘politically acceptable’ hardware sources.” Bitmain, the largest of the three companies by revenue, initiated U.S. production of mining equipment in December , one month after Trump’s presidential election victory. Canaan began trial production in the United States on April 2 to avoid tariffs following Trump’s announcement of new trade levies. One of the largest manufacturers of #bitcoin mining machines, Canaan, has set up a base of operations outside of China. CEO Zhang says, Kazakhstan is essential to "expanding after-sales geographical coverage and providing […] support growing international customer base" pic.twitter.com/7D5Xh2ici5 — Documenting ₿itcoin 📄 (@DocumentingBTC) June 23, 2021 Third-ranked MicroBT announced in a statement that it is “actively implementing a localization strategy in the U.S.” to “avoid the impact of tariffs.” $11.9B by 2028: The Market These Giants Are Fighting for According to Frost & Sullivan’s “2024 Global Blockchain Hardware Industry White Paper,” the ASIC-based Bitcoin mining hardware market demonstrates substantial consolidation. When measured by computing power sold, these three Chinese companies command 95.4% of the global market share. The Bitcoin ecosystem encompasses five primary segments: hardware supply, mining farm operations, mining pool management, trading platforms, and payment processing services. Hardware manufacturers like Canaan, the first Bitcoin mining company to go public and the second-largest by computing power , focus exclusively on integrated circuit (IC) design, manufacturing, and equipment sales. Industry analysts project continued sector expansion, with the market expected to reach $11.9 billion by 2028, representing a compound annual growth rate of 15.3%, contingent on Bitcoin’s continued price appreciation driven by supply scarcity. Source: Frost & Sullivan China’s Historical Bitcoin Mining Advantage Understanding today’s migration requires examining how China achieved such overwhelming market control in the first place. The foundation was laid during the historic 2017 Bitcoin boom, when three key factors aligned to create Chinese mining supremacy. During the early expansion phase, Chinese officials recognized cryptocurrency mining as a profitable venture that attracted substantial foreign investment. Consequently, authorities initially overlooked the mining sector while simultaneously restricting Bitcoin trading and initial coin offerings. Hydro-power plants go on sale in China since #Bitcoin mining crackdown has reduced demand for electricity. – South China Morning Post pic.twitter.com/QKEbUzWN4g — Bitcoin Archive (@BTC_Archive) June 30, 2021 China’s extensive hydroelectric infrastructure further strengthened the country’s mining operations, providing the cheap energy essential for profitable Bitcoin production. Does Chinese Hardware Control America’s Bitcoin Network? While the United States leads global Bitcoin mining operations with over 38% of total network activity , American miners depend almost entirely on Chinese-manufactured equipment. America Leads Bitcoin Mining Operation/ Source: Bitbo This creates what security analysts describe as a “digital dependency trap,” a scenario where America’s cryptocurrency infrastructure relies fundamentally on hardware produced by its primary economic rival. Guang Yang, Conflux Network’s chief technology officer, frames this dependency in geopolitical terms that extend far beyond trade economics . “The U.S.-China trade war goes beyond tariffs,” Yang explains. “It’s a strategic pivot toward ‘politically acceptable’ hardware sources.” His assessment reflects growing concerns within the cryptocurrency community about supply chain vulnerabilities that could impact national economic security.
Share
CryptoNews2025/06/19 04:26