Elon Musk’s attorney, Alex Spiro, is set to chair a new public company aiming to raise $200 million to invest in Dogecoin. The initiative is pitched as a Dogecoin treasury vehicle endorsed by House of Doge, a corporate entity launched in 2025 by the Dogecoin Foundation. The company seeks to hold Dogecoin on its balance sheet, offering investors stock-market exposure to the token. Spiro, known for representing high-profile clients, is named as the planned chairman of the entity. Dogecoin treasury companies are on the rise, with several publicly traded companies rebranding to raise funds for crypto holdings, including Dogecoin. Neptune Digital Assets acquired 1 million Dogecoin and 20 Bitcoin in February 2025. Nasdaq-listed company Bit Origin secured up to $500 million in financing to build its DOGE treasury, becoming the first US-traded company to prioritize Dogecoin as its core asset. Elon Musk’s electric car company, Tesla, has also disclosed Dogecoin holdings and began accepting DOGE for select merchandise purchases. Musk has a long history with Dogecoin, with his posts about the memecoin often causing market fluctuations and regulatory scrutiny. In 2022, he was sued by investors for allegedly manipulating the Dogecoin market, a case that was dismissed in late 2024 with Alex Spiro leading the defense.

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