C2 Blockchain Inc. disclosed that its corporate treasury now holds 988,703,937 DOG coins, an increase of 41,196,561 DOG from the 947,507,376 DOG reported in its most recent disclosure. The new balance represents roughly 0.9% of the total 100 billion DOG supply, underscoring the company’s continued commitment to accumulating the Bitcoin‑native Runes token as part of its speculative treasury strategy.
DOG is a digital asset issued through the Bitcoin Runes protocol, which launched in April 2024 alongside the Bitcoin halving. The company’s purchase program is funded by recent dilutive financing, allowing it to diversify its treasury and potentially hedge against Bitcoin volatility. Under U.S. GAAP, digital assets are subject to fair‑value measurement, meaning fluctuations in DOG’s market price can impact C2 Blockchain’s financial statements, a factor that has historically influenced investor sentiment.
Levi Jacobson, C2 Blockchain’s CEO, emphasized disciplined treasury management and transparent participation in emerging blockchain infrastructure. The company maintains a public dashboard (C2DOG.com) that allows investors to verify its holdings independently, reinforcing its commitment to transparency and accountability.
Market conditions for DOG remain volatile. The previous announcement on April 28, 2026, saw a negative reaction driven by concerns over fair‑value accounting and Runes activity metrics. While the current update does not include a market reaction, the same factors—price volatility and the speculative nature of the treasury vehicle—continue to shape investor perception.
The accumulation of DOG coins reflects C2 Blockchain’s broader strategy to position itself as a significant institutional holder of Bitcoin‑native assets, potentially enhancing its competitive edge in the emerging blockchain infrastructure space.
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