Elon Musk Lawyer Alex Spiro To Chair $200 Million Dogecoin Treasury Firm
Elon Musk’s personal lawyer Alex Spiro will chair a new public company that plans to raise at least $200 million to create a Dogecoin (DOGE) treasury firm. That’s according to a Fortune report that cited sources familiar with the matter who said the exact launch date and corporate structure of the digital asset treasury company is still unknown. It added that the entity is still in the pitching stage. But the initiative also has the endorsement of House of Doge, a corporate entity that was launched in early 2025 by the Dogecoin Foundation, the report said. Despite the news, the DOGE price slid over 1% in the past 24 hours to trade at $0.2174 as of 1:50 a.m. EST in line with a broad pullback that saw the crypto sector’s market cap drop over 2% to around $3.77 trillion. DOGE price chart (Source: CoinMarketCap ) The meme coin has plunged more than 8% in the past week. Number Of Dogecoin Treasuries Is Slowly Growing Up until now, crypto...