🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Recently, Bit Origin Company (stock code: BTOG), listed on the Nasdaq exchange, announced a bold investment decision. The company invested a total of $10 million to acquire 40,543,745 DOGE at an average price of $0.2466. This move was completed less than a week after the company announced the establishment of an enterprise-level DOGE reserve.
Bit Origin revealed that they have secured up to $500 million in equity and debt financing to advance their DOGE reserve strategy. The company's management believes that the current market environment is favorable for DOGE's development towards decentralized finance. They emphasized that DOGE has good liquidity and widespread recognition globally.
It is worth noting that Bit Origin is not the only company showing strong interest in DOGE. Companies such as Neptune Digital Assets and Dogecoin Cash Inc. are also actively exploring the investment potential of DOGE.
The CEO of Bit Origin, Jiang Hai, stated that with the company's rich experience in the cryptocurrency mining field, they are optimistic about DOGE's application prospects in micro-payment scenarios. Jiang Hai believes that DOGE is nearing a critical turning point, a judgment based on two important factors: a significant increase in developer activity and a growing interest from institutional investors in tokenized assets.
This large-scale investment move has attracted widespread attention in the cryptocurrency market. Analysts point out that investments in DOGE by listed companies like Bit Origin may indicate a shift in the attitude of traditional financial institutions towards crypto assets. However, some experts also remind investors to approach such high-risk investments with caution and suggest that they should fully understand the associated risks before making investment decisions.
As more institutional investors enter the cryptocurrency market, the future development of DOGE will become even more noteworthy. Regardless, this investment by Bit Origin undoubtedly injects new momentum into the development of DOGE and brings new discussion topics to the cryptocurrency market.