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The US stock-listed company Bit Origin announced the purchase of 40.54 million DOGE at an average price of $0.2466.
According to a report by Golden Finance and Globenewswire, Nasdaq-listed company Bit Origin announced the purchase of approximately 40.54 million Dogecoin (DOGE) at an average price of about $0.2466, marking the first operation of its digital asset treasury strategy, with DOGE holdings accounting for approximately $0.691 per share. This strategy is supported by previously announced funding of up to $500 million.