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Cryptocurrency News Articles

Dogecoin Cash, Inc. (CBDS) Acquires One Billion (1,000,00,000) DOG Tokens

Mar 24, 2025 at 07:00 pm

This agreement represents a strategic milestone for MEME Coins Inc. and Dogecoin Cash, Inc. as a whole. By securing a significant volume of DOG tokens, we are strengthening our position within the digital asset ecosystem and enhancing the long-term value proposition of our crypto portfolio.

Dogecoin Cash, Inc. (CBDS) Acquires One Billion (1,000,00,000) DOG Tokens

MESQUITE, NV, March 24, 2025 (GLOBE NEWSWIRE) — Dogecoin Cash, Inc. (OTCQB: CBDS) is pleased to announce that its wholly owned subsidiary, MEME Coins Inc., has entered into a definitive agreement with Tipestry, Inc. for the acquisition of One Billion (1,000,000,000) Dogecoin Cash (DOG) tokens.

Under the terms of the agreement, MEME Coins Inc. will issue Five Hundred Thousand (500,000) preferred shares of Meme Coins, Inc. stock, each with a par value of Twenty Dollars ($20.00), to Tipestry, Inc. in exchange for full ownership and control of the DOG tokens. The tokens will be transferred to a dedicated digital wallet established by Tipestry for this purpose, with all access credentials and ownership rights assigned exclusively to MEME.

“This agreement represents a strategic milestone for MEME Coins Inc. and Dogecoin Cash, Inc. as a whole,” said David Tobias, CEO of Dogecoin Cash, Inc. “By securing a significant volume of DOG tokens, we are strengthening our position within the digital asset ecosystem and enhancing the long-term value proposition of our crypto portfolio.

This transaction involves no dilution to existing common shareholders of Dogecoin Cash, Inc., thereby preserving shareholder equity and maintaining the integrity of the company’s capital structure. This is the third acquisition of $DOG, bringing our holdings up to 2,020,000,000 $DOG.”

Tipestry, Inc. has agreed to transfer all associated rights, title, and control of the DOG token wallet to MEME Coins Inc., with the exchange to be completed upon the mutual fulfillment of obligations. The agreement was executed on March 12, 2025, and is governed by the laws of the State of Colorado, with binding arbitration provisions for dispute resolution.

Dogecoin Cash, Inc. remains committed to expanding its blockchain-related initiatives and looks forward to continued innovation and collaboration across the decentralized finance landscape.

About Dogecoin Cash, Inc. (CBDS)

Dogecoin Cash, Inc. (OTCQB: CBDS) is a publicly traded company that owns and operates PrestoDoctor, a trusted leader in medical cannabis telemedicine. CBDS holds the first patented cannabis strain, Ecuadorian Sativa aka “CTA”, and a patented cannabis lozenge for treatment of hypertension. CBDS engages in cannabis product development and licensing, as well as blockchain innovation. The company is actively engaged in leveraging emerging digital assets, decentralized finance (DeFi) solutions, and blockchain technology to enhance its offerings and create new market opportunities.

Core Business Segments:

* Cannabis Telemedicine and Products: CBDS provides convenient and compliant cannabis telemedicine services through PrestoDoctor, expanding access to medical cannabis recommendations and prescriptions. The company also develops and licenses unique cannabis products, focusing on CBD-infused wellness solutions, consumer goods, and pharmaceutical-grade formulations for various health conditions.

* Blockchain Integration and DeFi Solutions: Recognizing the growing importance of blockchain technology and DeFi, CBDS is exploring innovative applications in tokenization, smart contracts, and decentralized finance protocols. The company aims to develop blockchain-powered solutions that can enhance transparency, security, and efficiency in cannabis supply chains and financial transactions.

* Digital Asset Strategy: As part of its digital asset strategy, Dogecoin Cash, Inc. is assessing potential utility tokens, NFTs, and other crypto-related ventures that align with its long-term vision.

Strategic Growth Initiatives:

* Acquisitions & Partnerships: Dogecoin Cash, Inc. actively seeks strategic mergers, acquisitions, and joint ventures to expand its influence in both the cannabis and blockchain industries.

* Regulatory Compliance & Innovation: The company remains committed to operating within regulatory frameworks while leveraging emerging technologies to drive efficiency and growth.

* Market Expansion & Investor Relations: Dogecoin Cash, Inc. aims to broaden its investor base and enhance shareholder value by expanding market penetration and diversifying revenue streams.

As the cannabis and blockchain markets continue to evolve, Dogecoin Cash, Inc. positions itself as a forward-thinking company, bridging the gap between natural wellness and decentralized finance. The company's long-term vision involves leveraging blockchain for real-world applications, including traceability in the cannabis industry, DeFi lending solutions, and digital payment integrations.

For the latest updates and investor details, visit www.cbds.com. For information on risks and uncertainties, please refer to Dogecoin Cash, Inc.'s SEC filings.

To follow CBDS on X, use the handle: @DogeCoinCash,Inc.

Contact Information:

info@cbds.com

X: https://x.com/DogeCoinCash,Inc.

The post Dogecoin Cash, Inc.’s Subsidiary MEME Coins, Inc. to Acquire One Billion (1,000,000,000) Dogecoin Cash (DOG) Tokens in a New Equity Deal

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Other articles published on Mar 31, 2025