Key highlights:

Bit Origin secures up to $500 million to fund a new $DOGE

DOGE

0.07996

+1.86%

$DOGE Dogecoin treasury strategy, including $15 million already raised.

The company aims to engage directly in the Dogecoin ecosystem, citing its community and utility for payments.

Shares of Bit Origin surged nearly 30% following the announcement, as DOGE trades around $0.$21.