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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Bit Origin rise 46% will raise $500 million to establish DOGE treasury reserves.
[比推] Nasdaq-listed mining company Bit Origin Ltd (BTO) rose over 46%, with a market capitalization of 54.5 million USD.
On July 17, Bit Origin announced that it has reached an agreement with qualified investors to sell up to $400 million of Class A common stock and up to $100 million of convertible bonds, with the raised $500 million to be used for launching the Dogecoin DOGE treasury reserves. The company stated that DOGE may be integrated into payment scenarios in the future (such as X Money).