- Dogecoin Cash Inc. (DOGP) subsidiary, MEME COINS, to acquire 2 billion DOG tokens from Tipestry.
- Transaction involves issuance of 250,000 preferred shares at $20.00 par value, preserving shareholder equity.
- DOGP’s total DOG token holdings to double to approximately 4.02 billion.
Dogecoin Cash Inc. (DOGP), via its wholly owned subsidiary MEME COINS, has entered into a definitive agreement to acquire 2 billion Dogecoin Cash (DOG) tokens from Tipestry. This strategic move is set to significantly bolster DOGP's digital asset portfolio within the blockchain ecosystem.
The transaction will be accomplished through the issuance of 250,000 preferred shares with a par value of $20 each to Tipestry, ensuring no dilution to current DOGP shareholders. Once complete, the acquisition will effectively double Dogecoin Cash Inc.'s consolidated DOG token holdings to approximately 4.02 billion.
Importantly, MEME COINS will remain wholly controlled by Dogecoin Cash Inc., which retains 100% ownership of its common stock. The agreement is subject to Colorado law, with disputes settled via AAA arbitration. This acquisition highlights DOGP's ongoing commitment to expanding its footprint in the digital and decentralized finance sectors.
