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Source: Insider Insider: Musk's Private Lawyer Set to Become Chairman of New DOGE Treasury Company, Which Aims to Raise $200 Million to Establish DOGE Treasury

By: theblockbeats.news|2025/08/30 01:42:21

BlockBeats News, August 30th. According to Fortune, six anonymous sources revealed that investors in the market are currently receiving a fundraising proposal from a DOGE Treasury company, which will specialize in investing in DOGE. Three of the sources were directly involved in the project briefing, while the other three learned of the plan from parties involved in the transaction.

According to two sources, the company plans to raise at least $2 billion. Details regarding the specific structure of the listing entity and the launch date have not been disclosed.

Three sources stated that the official DOGE entity, the 'House of Doge,' has signed an agreement approving the proposal to become the 'official' treasury operation platform for DOGE. The company was established by the DOGE Foundation in early 2025, headquartered in Miami, and is primarily responsible for promoting and developing the DOGE token.

According to the fundraising documents sent to potential investors and revealed by five knowledgeable sources, Elon Musk's personal lawyer, Alex Spiro, plans to serve as the Chairman of this public company.

High-profile ETH to BTC Whale has sold 2000 BTC and purchased 49,850 ETH in the past 12 hours.

Florida Retirement Fund increased its MSTR holdings by $6 million in Q2, bringing its total MSTR holdings to $80 million.