C2 Blockchain Inc. buys 21.3 million DOG coins: is the memecoin set to rise?
Publicly traded blockchain infrastructure firm C2 Blockchain Inc. is making waves in the cryptocurrency space with its aggressive accumulation of DOG coin, a Bitcoin-native memecoin that has gained massive cultural traction in recent months.
The publicly traded blockchain infrastructure company now holds a total of over 54 million DOG tokens, positioning the company as one of the largest public holders of DOG coin.
Comparisons to MicroStrategy’s Bitcoin treasury strategy
C2 Blockchain has announced a 21.3 million DOG coin purchase, which took the firm’s total holdings to just over 54 million.
According to the information on the company’s dashboard, the company plans to increase its DOG holding to 200 million.
Onlookers in the crypto world have begun referring to C2 Blockchain as the “DOG MicroStrategy,” a title earned from its consistent and transparent accumulation of DOG coin through open-market purchases.
In contrast to some crypto firms that keep their asset strategies opaque, C2 Blockchain is embracing transparency by offering real-time DOG Coin reserve tracking via its dedicated portal at C2DOG.com.
This public-facing approach signals a long-term commitment not only to DOG but also to building trust among shareholders, traders, and the broader crypto community.
The company has stated clearly that it has no official affiliation with the DOG of Bitcoin Foundation and that all DOG tokens have been acquired through open-market activity.
This open model, coupled with frequent updates, may be laying the groundwork for a new standard in how public companies interact with decentralised digital ecosystems.
Why DOG coin, and why now?
DOG coin, previously branded as DOG•GO•TO•THE•MOON (Runes), has undergone a transformation not only in name but also in relevance within the broader crypto ecosystem.
Built on a Bitcoin-native protocol and secured by the Bitcoin blockchain, DOG coin stands out as the leading meme asset rooted directly in Bitcoin’s architecture.
Its fixed supply of 100 billion tokens, combined with an increasingly visible and active community, has given it the kind of cultural credibility that traditional meme tokens rarely sustain.
DOG’s recent rebranding and network alignment are seen as strategic steps to position it more seriously in both retail and institutional circles.
DOG price action reflects rising interest
DOG Coin is currently trading at approximately $0.004081, marking a three-month gain of 168.4%, despite recent dips over the past week.
Its market cap stands just over $408 million, with 24-hour trading volumes approaching $26 million, signalling active market engagement even as prices fluctuate.
Although DOG is still down nearly 60% from its all-time high of $0.009924 set in December 2024, it remains up over 300% from its April 2025 low of $0.001005, showcasing high volatility but strong upside potential.
This dynamic performance may be one of the key reasons C2 Blockchain has identified DOG as a strategic treasury asset.
Will DOG follow in Bitcoin’s footsteps?
Whether DOG Coin will experience a sustained rise remains an open question, but C2 Blockchain’s actions suggest a strong belief in its future value.
As more investors seek exposure to memecoins that have both cultural impact and blockchain legitimacy, DOG coin may be emerging as a serious contender beyond just hype.
While volatility remains a concern, C2’s accumulation pattern implies a long-term bet on DOG’s growing role in Bitcoin’s extended narrative.
With institutional interest mounting and market activity staying hot, traders are watching closely to see whether DOG really will go to the moon.
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