Can Dogecoin Make a Comeback? Bit Origin’s $500 Million Investment Could Hold the Key

Bit Origin Ltd, a cryptocurrency mining firm, has seen its stock surge more than 90% after adopting Dogecoin (DOGE) as a reserve asset. The firm announced yesterday that it plans to raise $500 million to build a DOGE treasury. Crypto Mining Firm Launches Dogecoin Treasury  In its latest press release, Bit Origin outlined its funding plan. This includes raising $400 million by selling Class A ordinary shares and $100 million via convertible debt source: https://beincrypto.com/dogecoin-treasury-bit-origin/