Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Xiangtai Food Co ( (BTOG) ) just unveiled an update.
On July 21, 2025, Bit Origin Ltd announced its acquisition of approximately 40.5 million Dogecoin (DOGE) as part of its digital asset treasury initiative. This strategic purchase, supported by capital facilities of up to $500 million, marks the company’s first move in this direction. The acquisition reflects Bit Origin’s belief in Dogecoin’s potential for micropayments and its evolution towards decentralized finance, driven by increased developer activity and institutional interest.
More about China Xiangtai Food Co
Bit Origin Ltd is an emerging growth company operating in the United States, primarily engaged in the cryptocurrency mining business. The company is also focused on deploying blockchain technologies and pursuing diversified expansion strategies.
Average Trading Volume: 42,823,065
Technical Sentiment Signal: Sell
Current Market Cap: $45.4M
Find detailed analytics on BTOG stock on TipRanks’ Stock Analysis page.