Bit Origin plans to launch DOGE treasury reserve and has received $500 million in equity and debt financing

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According to Foresight News, Nasdaq-listed mining company Bit Origin announced that it has reached an agreement with qualified investors to sell up to $400 million in Class A common stock and up to $100 million in convertible bonds. The raised $500 million will be used to launch a Doge treasury reserve. The company stated that Doge may be included in future payment scenarios (such as X Money).

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