Cleancore Solutions, a publicly traded company listed on the New York Stock Exchange (ZONE), saw its stock plummet sharply after announcing ambitious plans to establish a Dogecoin treasury. The company aims to raise $175 million through a Private Investment in Public Equity (PIPE) to fund this new strategy. This bold move seeks to allocate significant capital towards the popular meme coin, Dogecoin (DOGE). However, investors reacted negatively, leading to a dramatic decline in ZONE shares and a sharp drop of 57.54% from previous trading day levels. This substantial decline reflects market apprehension regarding the company’s new crypto-centric financial approach. Experts note the volatility inherent in Dogecoin, which experienced wild price swings based on social media trends rather than fundamental technological developments or utility. The move represents a riskier approach to traditional asset holdings, with some companies such as Tesla and MicroStrategy leveraging Bitcoin for hedging purposes but not yet embracing Dogecoin. This unprecedented strategy is generating both excitement and apprehension within the financial community, with Cleancore Solutions positioned at the forefront of this new frontier in corporate crypto adoption.