The post Dogecoin Treasury Firm CleanCore’s Stock Hits New Low as DOGE Dives appeared on BitcoinEthereumNews.com. In brief Publicly traded CleanCore Solutions saw its stock price hit a new low on Thursday, now down 78% in the last month. The company has amassed $117.5 million worth of Dogecoin and has support from House of Doge. The firm reported significant year-over-year losses in its fiscal Q1 2026 report Thursday. CleanCore Solutions, Inc. announced fiscal first quarter 2026 financial results ending September 30, with a focus on its recent pivot to embracing leading meme coin Dogecoin as a treasury asset. But the firm’s year-over-year losses spiked, plus DOGE is down big over the past month, and CleanCore’s stock price—the shares trade under ZONE on the NYSE American—hit a record low on Thursday following the announcement, and amid a broader stock market swoon. ZONE dipped to a record low of $0.373 on Thursday, per data from Yahoo Finance, and finished the trading day down nearly 12% to a price just over $0.41. Over the last month, the firm’s stock price has cratered by nearly 78%.   CleanCore closed a $175 million private placement in partnership with House of Doge—the commercial arm of the Dogecoin Foundation—to fund its “official” Dogecoin treasury. So far, the cleaning products firm has amassed 733.1 million DOGE, worth about $117.5 million, with plans to help boost Dogecoin’s utility with real-world payments and beyond. “We believe that by combining professional treasury governance with initiatives that enhance Dogecoin’s transactional use and adoption, CleanCore is helping to position DOGE as a trusted reserve asset and a cornerstone of the next generation of digital finance,” said CleanCore CEO Clayton Adams, in a statement. But that value has been steadily falling of late, with the price of DOGE dropping by more than 21% over the last month alone. Dogecoin has fallen about 6% over the last day, recently trading at… The post Dogecoin Treasury Firm CleanCore’s Stock Hits New Low as DOGE Dives appeared on BitcoinEthereumNews.com. In brief Publicly traded CleanCore Solutions saw its stock price hit a new low on Thursday, now down 78% in the last month. The company has amassed $117.5 million worth of Dogecoin and has support from House of Doge. The firm reported significant year-over-year losses in its fiscal Q1 2026 report Thursday. CleanCore Solutions, Inc. announced fiscal first quarter 2026 financial results ending September 30, with a focus on its recent pivot to embracing leading meme coin Dogecoin as a treasury asset. But the firm’s year-over-year losses spiked, plus DOGE is down big over the past month, and CleanCore’s stock price—the shares trade under ZONE on the NYSE American—hit a record low on Thursday following the announcement, and amid a broader stock market swoon. ZONE dipped to a record low of $0.373 on Thursday, per data from Yahoo Finance, and finished the trading day down nearly 12% to a price just over $0.41. Over the last month, the firm’s stock price has cratered by nearly 78%.   CleanCore closed a $175 million private placement in partnership with House of Doge—the commercial arm of the Dogecoin Foundation—to fund its “official” Dogecoin treasury. So far, the cleaning products firm has amassed 733.1 million DOGE, worth about $117.5 million, with plans to help boost Dogecoin’s utility with real-world payments and beyond. “We believe that by combining professional treasury governance with initiatives that enhance Dogecoin’s transactional use and adoption, CleanCore is helping to position DOGE as a trusted reserve asset and a cornerstone of the next generation of digital finance,” said CleanCore CEO Clayton Adams, in a statement. But that value has been steadily falling of late, with the price of DOGE dropping by more than 21% over the last month alone. Dogecoin has fallen about 6% over the last day, recently trading at…

Dogecoin Treasury Firm CleanCore’s Stock Hits New Low as DOGE Dives

In brief

  • Publicly traded CleanCore Solutions saw its stock price hit a new low on Thursday, now down 78% in the last month.
  • The company has amassed $117.5 million worth of Dogecoin and has support from House of Doge.
  • The firm reported significant year-over-year losses in its fiscal Q1 2026 report Thursday.

CleanCore Solutions, Inc. announced fiscal first quarter 2026 financial results ending September 30, with a focus on its recent pivot to embracing leading meme coin Dogecoin as a treasury asset.

But the firm’s year-over-year losses spiked, plus DOGE is down big over the past month, and CleanCore’s stock price—the shares trade under ZONE on the NYSE American—hit a record low on Thursday following the announcement, and amid a broader stock market swoon.

ZONE dipped to a record low of $0.373 on Thursday, per data from Yahoo Finance, and finished the trading day down nearly 12% to a price just over $0.41. Over the last month, the firm’s stock price has cratered by nearly 78%. 

CleanCore closed a $175 million private placement in partnership with House of Doge—the commercial arm of the Dogecoin Foundation—to fund its “official” Dogecoin treasury. So far, the cleaning products firm has amassed 733.1 million DOGE, worth about $117.5 million, with plans to help boost Dogecoin’s utility with real-world payments and beyond.

“We believe that by combining professional treasury governance with initiatives that enhance Dogecoin’s transactional use and adoption, CleanCore is helping to position DOGE as a trusted reserve asset and a cornerstone of the next generation of digital finance,” said CleanCore CEO Clayton Adams, in a statement.

But that value has been steadily falling of late, with the price of DOGE dropping by more than 21% over the last month alone. Dogecoin has fallen about 6% over the last day, recently trading at a price just above $0.16.

And investors may be reacting to the firm’s losses, too.

CleanCore’s revenue doubled year-over-year to $0.9 million from $0.4 million, with gross profit improving to $0.5 million (59% margin) from $0.2 million (51% margin). However, the company reported a net loss of $13.4 million compared to $0.9 million in the prior year period, primarily driven by one-time expenses related to the treasury strategy implementation.

General and administrative expenses surged to $8.6 million from $0.9 million, attributed to increased professional fees, stock-based compensation, new employee salaries, and insurance costs. The quarter included $1.2 million in non-cash stock compensation. Cash reserves stood at $12.9 million as of quarter-end.

“Our financial results during the quarter reflect several one-time expenses related to our treasury strategy transaction, while our core business experienced growth and cash flow on a stand-alone basis,” said Adams. “Going forward, we will continue to invest in our DOGE portfolio and maintain discipline in our core operating business.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/348589/dogecoin-treasury-firm-cleancore-stock-new-low-doge-dives

Market Opportunity
DOGE Logo
DOGE Price(DOGE)
$0.09519
$0.09519$0.09519
-0.58%
USD
DOGE (DOGE) 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 service@support.mexc.com 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

Tom Lee’s BitMine approaches 50% of goal to hold 5% Ethereum supply

Tom Lee’s BitMine approaches 50% of goal to hold 5% Ethereum supply

The post Tom Lee’s BitMine approaches 50% of goal to hold 5% Ethereum supply appeared on BitcoinEthereumNews.com. Key Takeaways Tom Lee’s Bitmine Immersion (BMNR) have reached nearly 50% of their goal to hold 5% of Ethereum’s total supply. BMNR has been steadily increasing its Ethereum holdings by buying during market dips, reflecting an institutional acquisition strategy. Tom Lee-led Bitmine Immersion (BMNR) is approaching 50% of its goal to hold 5% of Ethereum’s total supply. BMNR has been methodically increasing its Ethereum holdings through targeted purchases during market dips, aligning with Lee’s vision of positioning the company as a major institutional holder of the asset. Lee’s approach with BMNR mirrors strategies seen in other crypto-focused firms, emphasizing Ethereum as a key reserve asset amid growing regulatory clarity in the US. Ethereum remains a dominant blockchain network increasingly adopted by institutions for its smart contract capabilities and layer 2 scaling solutions. Source: https://cryptobriefing.com/tom-lee-bmnr-ethereum-treasury-strategy/
Share
BitcoinEthereumNews2025/10/03 08:46
Pippin (PIPPIN) Price Prediction 2026–2030: Can PIPPIN Hit $0.70 Soon?

Pippin (PIPPIN) Price Prediction 2026–2030: Can PIPPIN Hit $0.70 Soon?

PIPPIN has surged sharply on the daily timeframe, printing a powerful bullish candle with over 25% gains. RSI is holding above 60, signaling strengthening momentum
Share
Coinstats2026/02/23 04:29
‘Love Island Games’ Season 2 Release Schedule—When Do New Episodes Come Out?

‘Love Island Games’ Season 2 Release Schedule—When Do New Episodes Come Out?

The post ‘Love Island Games’ Season 2 Release Schedule—When Do New Episodes Come Out? appeared on BitcoinEthereumNews.com. LOVE ISLAND GAMES — Episode 201 — Pictured: Ariana Madix — (Photo by: Ben Symons/PEACOCK via Getty Images) Ben Symons/PEACOCK via Getty Images We’ve got a text! It’s time for another season of Love Island Games. With fan-favorites returning in hopes of winning the $250,000 cash prize, read on to learn more about Love Island Games Season 2, including the release schedule so you don’t miss a second of drama. Love Island Games is a spinoff in the Love Island franchise that first premiered in 2023. The show follows a similar format to the original series, but with one major twist: all contestants are returning Islanders from previous seasons of Love Island from around the world, including the USA, UK, Australia and more. Another big difference is that games take on much more importance in Love Island Games than the mothership version, with the results “determining advantages, risks, and even who stays and who goes,” according to Peacock. Vanderpump Rules star Ariana Madix is taking over hosting duties for Love Island Games Season 2, replacing Love Island UK star Maya Jama who hosted the first season. Iain Stirling returns as the show’s narrator, while UK alum Maura Higgins will continue to host the Saturday show Love Island: Aftersun. ForbesWho’s In The ‘Love Island Games’ Season 2 Cast? Meet The IslandersBy Monica Mercuri Jack Fowler and Justine Ndiba were named the first-ever winners of Love Island Games in 2023. Justine had previously won Love Island USA Season 2 with Caleb Corprew, while Jack was a contestant on Love Island UK Season 4. In March 2024, Fowler announced on his Instagram story that he and Justine decided to remain “just friends.” The Season 2 premiere revealed the first couples of the season: Andrea Carmona and Charlie Georgios, Andreina Santos-Marte and Tyrique Hyde,…
Share
BitcoinEthereumNews2025/09/18 04:50