CleanCore Dumps Dogecoin Treasury at a Loss to Back $800M Cerebras Data Center Deal

TLDR

• CleanCore sold 463 million DOGE tokens for $33.4 million at $0.072 per coin, far below their $188 million peak value
• The company raised an additional $100 million by issuing 275.8 million new shares
• Common shares outstanding jumped 121.9% to 502.1 million, with warrants potentially adding 524.2 million more shares
• Funds are being redirected to a Minnesota data center project through an $800 million colocation deal with Cerebras
• CleanCore’s exit ends its status as an official Dogecoin treasury company

CleanCore Solutions has sold most of its Dogecoin holdings and raised $100 million in new equity to fund a move into AI infrastructure. The Nasdaq-listed company, which makes aqueous ozone cleaning products, originally set up its Dogecoin treasury in September 2025 alongside the Dogecoin Foundation and House of Doge.

CleanCore Exits Dogecoin Treasury Strategy With $33.4M DOGE Sale to Fund AI Pivot

According to CryptoSlate, citing SEC filings, CleanCore sold substantially all of its 463 million DOGE holdings on July 20 for about $33.4 million and redirected the proceeds toward its AI… pic.twitter.com/fmtojVdcW6

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