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C2 Blockchain Reports Increase in DOG (Bitcoin) Holdings to 947,507,376 Coins

C2 Blockchain announced its corporate treasury DOG (a Bitcoin-native token issued via the Runes protocol) increased to 947,507,376 DOG coins, an addition of ~46.7 million DOG from its prior 900,789,168 disclosure. Holdings are custodied at Kraken and verifiable on-chain and via the company's dashboard. The release highlights heavy on-chain activity for Runes-based tokens—reported as ~69% of Bitcoin network transactions at times—with DOG representing ~86% of memecoin transaction volume. Market impact: the company’s continued accumulation signals institutional demand for Bitcoin-native tokens and greater treasury participation in Runes-era assets, which could support liquidity and market attention for DOG/BTC markets, while also raising considerations around custody, liquidity and regulatory reporting.

Category

Bitcoin

Sentiment

Bullish

Event

Institutional flow

Reading time

1 min