SANGRIX Sells 3 Million Dogecoin for $267,665 to Fund AI Infrastructure
SANGRIX INC., formerly known as Bit Origin Ltd, has sold 3 million Dogecoin for approximately $267,665 to support its working capital and transition towards AI computing infrastructure. The sale was executed in two transactions of 1.5 million DOGE each at a weighted average price of about $0.089221667 per DOGE, before fees.
The company plans to use the net proceeds for general working capital and planned AI infrastructure expenditures, including equipment and deployment-related costs. SANGRIX intends to continue evaluating further sales of its remaining Dogecoin holdings based on market conditions, liquidity needs, and capital allocation priorities.
According to CoinGecko data, DOGE's USD daily closing price increased about 10.7% over the seven days ended September 6, 2026. This recovery in DOGE prices provided an opportunity for SANGRIX to increase its financial flexibility and convert a portion of its digital asset holdings into cash.