Alex Alex Spiro’s lawyer is scheduled to head a new public company aimed at raising $ 200 million to invest in Dogcoin, according to the Fortune report indicating six people familiar with the deal.
The initiative is developed for investors as a vehicle for the Ministry of Treasury (DOGECOIN) with the support of House of Doge, which is the entity of the companies that was launched in early 2025 by the DOGECOIN Foundation in Miami, Fortune I mentioned Friday.
The company seeks to collect at least $ 200 million as a general tool for a Dogecoin contract in its public budget, giving investors to expose the stock market to the distinctive symbol without direct ownership.
The voltage remains in the stadium, with details of its structure or timing unveiled yet.
Spearo, the Queen Emmanuel Orkharrt partner and Sullivan partner, who represented high -ranking agents, including Elon Musk, Jay Z and Alec Baldwin, were named in investor and conversation materials as head of the investor.
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Dogoin Treasury grows
This year witnessed an increase in companies circulating publicly in branding as Crypto treasury companies, as it raised money to buy digital assets and keep them on their public budgets. Although Dogecoin (Doge), which was created in 2013, was widely adopted by Bitcoin (BTC) or ETHER (ETH), some of the conversion supporters drew.
In February 2025, the digital assets in Neptune, based in Vancouver acquisition Of a million dollars through the process of purchasing a strategic derivative at an average price of $ 0.37 per code, which increases the growing coding holdings. It also bought 20 bitcoin, which enhances the various assets strategy.
In July, Bit Orige, which is listed on the Nasdaq Stock Exchange, announced that it had received up to $ 500 million of debt financing and stock financing to build the Treasury. This step made the first circulating company in the United States to publicize Dogecoin to be its primary public origin.
Musk’s Electric Car, Tesla, also revealed Dogecoin’s holdings, although it has never determined the size of its position. The company started accepting Doge for the purchase of selected goods in early 2022.
Musk has a long history with Dogecoin. In 2019, it was published that Dogecoin “may be my favorite encrypted age,” a note that prompted the distinctive symbol to the main headlines.
In May 2021, he hosted Musk Saturday night Live He jokingly called “bustle”, and sends the price less sharply after weeks of noise that helped push the currency to the highest level ever.
His participation in the Mimin was park in the market, causing investors and organizers to scrutinize his influence.
In 2022, he was prosecuted by investors who claimed that he dealt with the Dogecoin market. This case was rejected in late 2024, when Alex Spiro led the defense.
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