Elon Musk’s lawyer to lead $200 million Dogecoin treasury: report

Alex Spiro, attorney to Elon Musk, will chair a company to create a $200 million Dogecoin treasury. This venture aims to provide stock-market exposure to DOGE without direct ownership required.

Backed by House of DOGE, the new entity was initiated by the Dogecoin Foundation in early 2025. The company’s operational details have not yet been revealed.

This initiative reflects a growing trend among companies converting to crypto treasury firms, with several others also acquiring cryptocurrencies for their balance sheets.

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