A Nebraska-based cleaning products firm has unveiled a nearly $200 million move to build what's being billed as the only "official" Dogecoin treasury company - and Elon Musk's go-to attorney is heading up the effort. The firm on Tuesday named Musk's longtime personal attorney, Alex Spiro, the chairman of CleanCore Solutions' Board of Directors. The Dogecoin meme cryptocurrency has long been backed by Musk.
Investors are receiving pitches for a Dogecoin treasury company that will invest in the token, according to six sources, who declined to be named while talking about private business dealings. Three of the sources were pitched directly, and three heard about the deal from parties involved. The company plans to raise at least $200 million, according to two of the sources. Details about the structure of the public vehicle or when it would launch were not immediately available.
The Mac.c stealer emerges as a new significant player in the macOS infostealer sector, showcasing advanced tactics and a unique 'building in public' strategy that challenges AMOS.
"Bit Origin is evolving beyond mining infrastructure to engage directly in the value and utility of digital assets," said Jinghai Jiang, CEO and Chairman of Bit Origin.