Bit Origin big pump 46% plans to raise 500 million USD to establish DOGE reserves

On July 18, Bit Origin Ltd (BTOG), a NASDAQ-listed mining company, saw a rise of over 46%, with a market capitalization reaching 54.5 million USD.

According to previous reports, on July 17, Bit Origin announced that it had reached an agreement with qualified investors to sell up to $400 million in Class A common stock and up to $100 million in convertible bonds, with the raised $500 million to be used for launching Dogecoin DOGE treasury reserves. The company stated that DOGE may potentially be included in payment scenarios (such as X Money) in the future.

DOGE-7.46%
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MeaninglessGweivip
· 07-21 13:23
This wave focuses on going all in on shitcoin.
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GasSavingMastervip
· 07-21 04:39
Haha, someone is catching a falling knife for doge again.
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ForkTonguevip
· 07-18 14:39
Still speculating on shitcoin? Ridiculous.
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Hash_Banditvip
· 07-18 14:34
smh... another mining company going full doge. seen this movie before in '21
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P2ENotWorkingvip
· 07-18 14:30
More suckers are waiting to be played for suckers.
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SeeYouInFourYearsvip
· 07-18 14:29
Another DOGE dreamer
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NFTArtisanHQvip
· 07-18 14:22
doge treasury as a post-digital paradigm... intriguing yet absurd
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