Elon Musk’s Lawyer Listed As Chairman Of $200-M Dogecoin Treasury — Details

According to the latest report, prominent legal attorney Alex Spiro has been listed as the chairman of a new digital asset treasury firm that aims to raise $200 million to invest in ￰0￱ Elon Musk Knows About The Dogecoin Treasury? In an August 29 report, Fortune revealed that Alex Spiro, a lawyer who has represented popular figures like Elon Musk, Jay-Z, and Alec Baldwin, is set to chair a public company looking to invest in ￰1￱ to unnamed sources, this digital asset treasury intends to raise at least $200 million to purchase the largest meme coin by market ￰2￱ initiative is being pitched to investors as a Dogecoin public vehicle with the endorsement of House of Doge in order to boost its ￰3￱ of Doge, launched in early 2025 by the Dogecoin Foundation, is the official corporate entity behind the meme coin, burdened with its development and ￰4￱ Fortune report revealed that the Dogecoin treasury is still at the pitch stage and didn’t provide any details on the structure or potential launch date of the public ￰5￱ his personal lawyer Spiro has been listed as chairman of the public company in an investor pitch, there has been no indication of Musk’s potential role in the ￰6￱ is worth noting that Musk has been a vocal supporter of DOGE as far back as 2019, claiming the meme coin to be his favorite ￰7￱ his support for the meme token, the world’s richest man designed a DOGE-only payment system for his electric vehicle company, Tesla.

Musk’s posts about Dogecoin have always caused the token’s price to move, leading to a scrutiny of his market influence by investors and the crypto ￰8￱ 2022, the Tesla founder was defended in court by Spiro after investors sued him for allegedly manipulating the ￰9￱ of this writing, the price of DOGE stands at around $0.2134, reflecting an over 3% decline in the past 24 ￰10￱ meme coin is down by nearly 10% in the last seven ￰11￱ Treasury Firms Taking Center Stage? Crypto treasury firms have continued to gain popularity in the digital asset industry in 2025, with new public vehicles popping up over the past few ￰12￱ publicly-traded companies hold digital assets on their books, offering their shareholders exposure to the crypto assets without directly owning ￰13￱ July 2025, Bit Origin revealed that it had raised around $500 million in loans and equity to build its DOGE ￰14￱ initiative made it the first publicly traded company in the United States to openly make Dogecoin the core asset on its balance sheet.