Corporate America increasingly supports Dogecoin (DOGE) now
Corporate America is increasingly embracing Dogecoin (DOGE), with 79 Russell 3000 companies mentioning it 200 times in recent earnings calls. This marks a shift as businesses express optimism about DOGE's potential despite concerns over short-term profit impacts. Economists suggest that DOGE could enhance resource allocation and productivity for companies, particularly in the technology and industrial sectors. Some firms, like Okta and ServiceNow, report significant cost savings and efficiency improvements linked to DOGE. Cybersecurity firms also see DOGE as an opportunity, with analysts noting a growing interest in enhancing cyber defenses. Executives from various companies, including Kratos Defense & Security, report securing contracts related to DOGE's implementation.