C2 Blockchain Inc. Expands Treasury Holdings to Over 242 Million DOG Coins
Rhea-AI Summary
C2 Blockchain (OTC:CBLO) has expanded its DOG Coin treasury holdings by purchasing an additional 31,062,466 DOG at an average price of $0.0029 per DOG. This acquisition increases the company's total holdings to 242,919,489 DOG coins, advancing toward its target of 500 million DOG coins (approximately 0.5% of total supply).
The strategic acquisition aligns with C2 Blockchain's vision of building one of the largest meme-coin treasuries on public markets. The company sees DOG Coin, a Bitcoin-native token via the Runes protocol, as instrumental in stimulating Bitcoin network activity through transaction fees and attracting new developers to the ecosystem.
Positive
- Increased DOG Coin holdings by 31,062,466 coins, reaching total of 242.9M DOG
- Strategic positioning to capture 0.5% of total DOG Coin supply
- Bitcoin-native token acquisition provides potential revenue from transaction fees
- Diversification of digital asset portfolio beyond traditional cryptocurrencies
Negative
- Significant exposure to volatile meme coin market
- Capital allocation to speculative digital assets
- Dependency on DOG Coin price performance for treasury value
News Market Reaction
On the day this news was published, CBLO gained 3.70%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
C2 Blockchain Inc. Advances Toward 500 Million DOG Coin Goal With Latest Treasury Purchase
MIAMI BEACH, FLORIDA / ACCESS Newswire / August 19, 2025 / C2 Blockchain Inc. (OTC:CBLO), a publicly traded digital asset and blockchain infrastructure company, today announced the expansion of its corporate treasury with the purchase of an additional 31,062,466 DOG Coins at an average price of
This acquisition increases the Company's total DOG Coin holdings from 211,857,023 DOG to 242,919,489 DOG, reinforcing its position as one of the leading corporate holders of Bitcoin-native meme assets.
Strategic Vision
C2 Blockchain's DOG Coin acquisition strategy is aligned with its long-term commitment to building one of the largest meme-coin treasuries on the public markets. The Company is actively targeting a 500 million DOG Coin milestone, representing approximately
"Each addition to our DOG treasury reflects our confidence in the growing role that Bitcoin-native tokens can play in the digital asset ecosystem," said Levi Jacobson, Chief Executive Officer of C2 Blockchain Inc. "As rewards for Bitcoin miners continue to decrease following the halving, assets like DOG and the Runes protocol bring new activity, transaction fees, and utility to the Bitcoin network - strengthening the ecosystem while creating shareholder value."
Why DOG Matter
Unlike other meme tokens, DOG Coin is native to the Bitcoin blockchain via the Runes protocol. Its success is expected to:
Stimulate Bitcoin activity through transaction fees that support miners.
Attract new communities and developers to Bitcoin's ecosystem.
Demonstrate real-world use cases for meme assets beyond speculation.
By securing a significant DOG Coin reserve, C2 Blockchain is positioning itself at the forefront of Bitcoin-native innovation.
Looking Ahead
C2 Blockchain remains focused on expanding its mining, blockchain infrastructure, and digital asset strategies while building shareholder value through transparent, compliant, and innovative treasury management.
Learn more: C2DOG.com
About C2 Blockchain Inc.
C2 Blockchain Inc. (OTC:CBLO) is a publicly traded blockchain infrastructure and digital asset treasury company headquartered in Miami Beach, Florida. The Company is currently developing a 14-megawatt Bitcoin mining facility and maintains a diversified portfolio of digital assets, including DOG Coin and other Bitcoin-native instruments. C2 Blockchain aims to deliver long-term shareholder value through strategic asset acquisition, infrastructure development, and Web3 innovation.
Safe Harbor Statement
This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief, or current expectations of the Company, its directors, or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.
Contact:
C2 Blockchain Inc.
Investor & Media Relations
info@c2blockchain.com
www.c2blockchain.com
SOURCE: C2 Blockchain Inc
View the original press release on ACCESS Newswire
FAQ
How many DOG Coins does C2 Blockchain (CBLO) currently hold in its treasury?
What is C2 Blockchain's (CBLO) target for DOG Coin holdings?
What was the purchase price for C2 Blockchain's latest DOG Coin acquisition?
How does DOG Coin benefit the Bitcoin ecosystem according to C2 Blockchain?
What is the strategic importance of DOG Coin for C2 Blockchain (CBLO)?
