Cleancore Solutions has announced a 175 million USD PIPE aimed at supporting a Dogecoin treasury strategy. They plan to engage over 80 institutions in this initiative, which is expected to wrap up by September 2025.
The market response has been cautious due to historical volatility associated with similar PIPE rounds. Investors remain skeptical, particularly in light of the absence of substantial endorsements or confirmation of the strategy from Cleancore’s leadership.
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