C2 Blockchain Inc. has achieved a significant milestone in its corporate DOG coin treasury, surpassing the 400 million token mark. This strategic accomplishment follows the company’s recent acquisition, which has propelled its holdings to a total of 400,166,828 DOG coins. This figure represents over 80% of the progress toward the firm’s long-term treasury accumulation strategy, reinforcing its objective to develop one of the most substantial and transparent DOG reserves among publicly traded entities.
Levi Jacobson, the Chief Executive Officer of C2 Blockchain Inc., highlighted the importance of reaching the 400 million DOG milestone, stating, “Crossing the 400 million DOG milestone is an important step in our strategy.” He emphasized that DOG is more than just a meme token—it is a Bitcoin-native asset that introduces new utility and activity within the Bitcoin network. By integrating DOG into their balance sheet, C2 Blockchain aims to create clear DOG-per-share value for investors while simultaneously bolstering the long-term economic model of Bitcoin.
Launched in April 2024 during the latest Bitcoin halving event, DOG coin was developed through the Bitcoin Runes protocol. It differs from conventional meme tokens found on alternative chains, as DOG operates directly on Bitcoin, providing unique benefits such as:
- On-Chain Activity: Each DOG transaction accrues fees that incentivize miners and secure Bitcoin’s foundational layer.
- Sustainability Post-Halving: DOG transactions help sustain miner revenues as the block subsidy for Bitcoin is reduced.
- Community and Culture: DOG combines meme culture with the security of Bitcoin, broadening the cryptocurrency’s appeal to new audiences.
- Innovation Catalyst: DOG illustrates how Ordinals and Runes can facilitate new economic and cultural applications on Bitcoin.
C2 Blockchain Inc. focuses on innovative treasury models, mining operations, and decentralized solutions within the blockchain and digital asset sector. Through its DOG coin treasury, the company provides investors with transparent exposure to Bitcoin-native assets while setting a new benchmark for digital-asset-backed public companies.
The company also issued a safe harbor statement regarding forward-looking statements, cautioning investors that such statements involve risks and uncertainties that may impact actual results. For further details, C2 Blockchain encourages interested parties to consult the company’s filings on otcmarkets.com.
