Recently, a shocking piece of news has attracted widespread attention in the financial and Crypto Assets world. American cleaning products company CleanCore (stock code ZONE) announced on September 8th that it has acquired 285.4 million DOGE using private sale funds, with a total value of approximately 68 million USD. This move not only caused the company's stock price to soar over 40% in after-hours trading but also drove the DOGE price to rise by about 7%.

CleanCore's move has sparked heated discussions about companies using cryptocurrency as an asset. The company stated that this investment aims to achieve asset diversification and establish a closer connection with younger consumers. However, market analysts are more concerned about whether this highly volatile asset can bring significant returns to the company.

It is worth mentioning that Marco, the head of the commercial department of the DOGE Foundation, has joined CleanCore as the company's investment director. He stated that he will adopt strategies such as batch purchases, risk hedging, and cold wallet storage to minimize investment risks.

CleanCore's goal is quite aggressive, planning to increase its DOGE holdings to 1 billion coins within 30 days, with the ultimate aim of acquiring 5% of the circulating supply of DOGE. This bold move has sparked widespread discussion in the market about traditional companies entering the digital asset space.

However, this cross-border investment has also raised many questions: Does a company primarily engaged in environmental cleaning products have the professional capability to manage large-scale crypto assets investments? How can it balance the risks between traditional business and digital asset investment? These questions will be validated in the future.

Regardless, CleanCore's move undoubtedly opens up new ideas for corporate asset allocation and provides an interesting case for the penetration of crypto assets in the traditional financial sector. As the situation develops, we will continue to follow the effectiveness of this innovative investment strategy and its impact on the market.