CleanCore Dumps Dogecoin Treasury at a Loss to Back $800M Cerebras Data Center Deal

CleanCore sold 463 million DOGE tokens for $33.4 million at $0.072 per coin, far below their $188 million peak value. The company raised an additional $100 million by issuing 275.8 million new shares. Common shares outstanding jumped 121.9% to 502.1 million, with warrants potentially adding 524.2 million more shares. Funds are redirected to an $800M Cerebras data center deal.