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As of July 17, 2025, there is no reliable official news or authoritative media reports confirming that Bit Origin will raise $500 million for the acquisition of DOGE, so the authenticity of this news is questionable.
Currently, the public information about Bit Origin mainly involves its cryptocurrency mining business and other related content. In the cryptocurrency field, such news is likely to be false or unverified rumors if there is no solid official statement or reputable news source reporting it.