Cannabis Company Creates
$DOGE Treasury Subsidiary
Dogecoin Cash Inc. has launched
$DOGE Treasury Inc. as a wholly owned subsidiary focused on
$DOGE operations.
The publicly traded cannabis firm previously accumulated $6 million worth of Dogecoin Cash tokens on #BNB Chain.
The new subsidiary will maintain a
$DOGE #treasury and develop a "Dogecoin Protocol" for technical initiatives.
#Dogecoin treasury strategies mirror other public companies like Spirit Blockchain Capital and Neptune Digital Assets.
Company shares trade over-the-counter under ticker DOGP, with an approximately $4 million market capitalization.
$DOGE currently trades at $0.158, down 78% from its 2021 all-time high of $0.73.
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