The House of Doge, the commercial arm of the Dogecoin Foundation, has acquired a majority stake in the historic but financially struggling Italian professional football team, US Triestina Calcio 1918.
In an announcement made alongside merger partner Brag House Holdings, the House of Doge has become the "largest equity holder" in the club. This move is part of a broader mission to back projects that have "community, cultural relevance, and long-term value," marking Dogecoin's "most ambitious step into European football."
US Triestina Calcio 1918 has a rich history but has struggled for decades, last competing at the top level in 1958. The capital injection is sorely needed as the club is currently sitting at the bottom of Serie C, the third tier of Italian professional football, and risks dropping down to Serie C2 (one tier above semi-professional football) if results don't improve.
This investment aligns with the House of Doge's goal to expand the utility and adoption of DOGE. The acquisition of US Triestina Calcio 1918 is its latest foray into professional sports:
This move follows a trend of foreign investors acquiring stakes in struggling football clubs, similar to Solana's digital asset treasury Brera Holdings, which owns clubs in Italy (like SS Juve Stabia in Serie B) and several smaller clubs globally.
October 2025, Cryptoniteuae