Bit Origin (NASDAQ: BTOG) has announced plans to raise up to $500 million to invest in Dogecoin, marking a significant move as the first U.S.-listed company to adopt Dogecoin as a core treasury asset. The company aims to generate $400 million through stock sales and an additional $100 million via convertible debt. This strategic decision underscores Bit Origin's commitment to integrating cryptocurrency into its financial strategy, potentially setting a precedent for other publicly traded companies. The funds will be used to purchase Dogecoin, reflecting growing institutional interest in the meme-based cryptocurrency.