Bit Origin Ltd $(BTOG)$ has announced a significant expansion with the launch of a Dogecoin treasury strategy, backed by $500 million in equity and debt facilities. The company, which is the first publicly listed entity on a major US exchange to adopt Dogecoin as a core asset, has secured agreements for $400 million in Class A ordinary shares and $100 million in convertible debt. This strategic move aims to position Bit Origin as one of the largest publicly traded Dogecoin holders, enhancing long-term value through increased Doge-per-share. The company hopes for Dogecoin's integration into payment platforms like X Money, leveraging its swift settlement capabilities and expansive community. CEO Jinghai Jiang highlighted Dogecoin's evolution from a joke to a valuable asset, emphasizing its role in peer-to-peer payments and online commerce.