CleanCore Risks $500M on AI Deal With Only $4.1M Cash

Woofun AI reports that CleanCore Solutions, a cleaning-products firm with a Dogecoin treasury, has pivoted into AI infrastructure by securing a 10-year colocation agreement with Cerebras for a Minnesota data-center venture.

The deal carries an estimated $800 million contract value, driven by a $479 million project budget and up to $500 million in commitments from CleanCore. Capital calls are scheduled from July 2026 through February 2027, overlapping the first quarter when associated revenue is expected to begin.

Structurally, the site already has 20 MW of utility power energized to support an initial 15 MW of critical IT load.

Woofun AI data shows CleanCore’s balance sheet as of March 31 included only $4.1 million in cash and cash equivalents, $13 million in restricted cash, and a $169 million accumulated deficit, raising going-concern doubt. By June 2, the company had sold 200 million DOGE for $18.4 million, transferred 70 million DOGE for services, and retained 463,060,889 DOGE valued at $44.3 million. Per Woofun AI, the JV agreement limits exposure for funding shortfalls to dilution, preventing other parties from seeking damages or compelling funding, though the filing does not specify if this reduces percentage interest or economic rights.

Neither filing confirms that DOGE proceeds are earmarked for the Minnesota buildout. The next financing and liquidity disclosures will determine how much of the AI expansion CleanCore can fund without diluting shareholders or compromising its joint-venture position.