BAGS Founder Spends Approximately $800,000 at Auction to Acquire Original Hat Wearing Dog Meme Hat

By: theblockbeats.news|2025/08/08 06:22:39

BlockBeats News, August 8th, BAGS founder Finn spent 6.8 BTC (approximately $800,000) to auction the original hat of the Dogwifhat Meme.

Shiba Inu Achi is the protagonist behind the "Dogwifhat" meme. This is the first and only time the physical hat from this meme has been made available to the public. This collectible was never previously offered for sale and may not have another opportunity for sale in the future. To ensure its authenticity and heritage, before the auction, a photo of Achi sitting with its owner wearing the hat was etched onto the Bitcoin blockchain through Ordinals to verify its origin.

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