‍Alex Spiro to Chair $200M Dogecoin Treasury Initiative
Alex Spiro, known for representing Elon Musk, is reportedly set to chair a new public company aiming to raise $200 million to invest in Dogecoin. This venture aims to provide investors with stock-market exposure to DOGE without direct ownership.
This initiative aligns with a growing trend of public companies acquiring digital assets for their treasuries. While Dogecoin has historically been a memecoin, it is increasingly attracting institutional interest.
Spiro's involvement is notable given his close relationship with Elon Musk, whose influence on Dogecoin has been significant.