July 18, 2025 (Investorideas.com Newswire) Investorideas.com, a go-to platform for big investing ideas, including bitcoin stocks issues a trading and news alert for Bit Origin Ltd (NASDAQ: BTOG).
The stock makes the NASDAQ top percentage gainers list today following news of its commitment to Dodge. The stock is trading at $0.9171, up0.2861, gaining 45.3120% as of thjis report , on volume of 223 Million shares as of this report. The stock has a morning high of $1.00.
Yesterday the company announced that it has entered into agreements with accredited investors for the sale of up to $400 million in Class A ordinary shares and up to $100 million in convertible debt to launch the Company’s Dogecoin (“Doge”) treasury strategy.
Bit Origin expects to become one of the largest publicly traded Doge holders
Strategy aims to deliver long-term value through increasing Doge-per-share
Reflects Company’s hope in potential Doge integrations into payment layers, such as X Money
“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. “What started as a joke has evolved into a globally liquid asset with payments utility. Few digital assets rival Doge’s settlement speed and scale of community, which continues to drive adoption across peer-to-peer payments and online commerce.”
“We hope Doge’s performance and community make it a natural fit for X Money, as Elon Musk advances his vision for X as a global super-app,” continued Jiang. “In an age of broken institutions, Doge embodies a shared culture of optimism and resilience that transcends existing political and financial systems.”
Bit Origin’s accumulation of Doge reflects the Company’s conviction in the network’s grassroot strength and payments utility, driven by low fees and merchant acceptance. Building on its infrastructure roots, Bit Origin plans to explore miner-facing services, payment applications, and other value-generating operations within the Doge ecosystem.
The Company has completed an initial closing of $15 million under the convertible debt facility and intends to use a significant portion of the proceeds for its initial Dogecoin acquisition.
Recent news: (don’t look for the news on Yahoo Finance – they still refuse to publish press releases for publicly traded crypto stocks)
https://www.globenewswire.com/news-release/2025/07/17/3117305/0/en/Bit-Origin-Secures-500-Million-Equity-and-Debt-Facilities-to-Launch-Dogecoin-Treasury.html
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https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp
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