China -based Pork Processing Company and Bitcoin Minor Butt Origan has officially launched its Crypto Treasury initiative with the first achievement of 40.5 million Digokine.
In a statement on Monday, the company said that the purchase of Digkon (Dodge) is a “first strategic acquisition” under its digital asset treasury initiative, supporting a share sale and a loan offer, which aims to collect million 500 million.
At an average of $ 0.24 per coin, Bit Orajon will have spent about $ 9.9 million on his recent Dogkine acquisition. According to Naisi, the token is currently trading at $ 0.26.
In particular, Butt Orejan has a relationship with China -connected crypto mining firm that was forced to vacate property in Wooming after order from the White House.
Bit Origen joined the forces in 2022 with the Minon Partners Limited to operate the crypto mining facility in China, Woming, which provided strategic and operational assistance. China -connected crypto mining firm was forced to leave property in 2024 due to proximity to a nuclear missile base.
Before joining Bit Origin as his Chief Operating Officer and CEO in 2021, Janghai Jiang was the director at the Minon Partners Limited.
The CEO of Butt Origin says Dougocyin at the infection point
Dogkoin was launched in 2013 by software engineers Billy Marks and Jackson Palmer as a joke paid payment system for the wild crypto speculation, but then it increased to become the eighth largest cryptocurrency through the market cap.
Jiang said that Butt Orejan adopted Digokine for his treasury on other crypto currencies because he “looks at the ability to utility of the microphint near an infection point, which is a wide range of entrepreneurial interest in the new developer’s activity and tune.”
“While we accept its cultural origin, which has helped to advance the liquidity and global familiarity, we believe that the current situation in the market is compatible with the evolution of diggkone towards decentralization.”
Food Company has more axes in Crypto
On July 17, Butt Origan signed contracts with investors to sell $ 400 million shares and sold millions in exchange loans to fund the Dogkine Treasury strategy.
Jiang said in a statement at the time, “Bit Origin is developing beyond the mining infrastructure to directly engage in the value and utility of digital assets.”
Bit Orajan was started in 2019 as China Xiangai Food and was primarily engaged in pork processing, including slaughter, packing, distribution and wholesale.
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However, in December 2021, the company announced that it had purchased 742 Spot First Terrans as part of the Crypto axis and changed its name to Bit Origin in 2022.
By 2025, it no longer mentions pork processing in his company’s profile.
The largest dog coin holders
Digkon is currently a large number of sketches towards whale holders. Crypto tracker butt infection data suggests that more than 81 % of the dogs are held in 908 addresses.
One address is more than 28 billion, while the next 14 largest wallets are more than 43 billion. The Crypto Exchange Ecolux said in March that a purse attached to the brokerage firm Robin Hood has 28 billion billion tokens.
While an unknown owner is the second largest holder with 8.90 billion dugquin, and the Crypto Exchange binns is the third largest holder with 7.65 billion.
In comparison, according to Bit Influx, about 82 82 % of BitCoin (BTC) is held in the 152,002 purse address.
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