The Canadian firm Spirit Blockchain Capital, which invested in the meme tokens Dogecoin (DOGE), will earn from cryptocurrency.

The management of Spirit, dubbed the "MicroStrategy of the Dogecoin world" for its investments in digital assets, keeps the details of its venture into the cryptocurrency industry a secret. Firstly, the company's employees do not disclose how much DOGE is held on the organization's balance sheet. Secondly, they do not reveal specific data about the strategy that will be used to generate income from the purchased coins.

It is known that Spirit first acquired Dogecoin last year and on December 1, 2024, began implementing a plan related to increasing the supply of meme tokens. Then the company's employees developed a strategy for earning from Dogecoin that can also be applied to Bitcoin, Ethereum, Tether (USDT), and Solana (SOL). Judging by the presence of the stablecoin USDT on this list, it becomes clear that this tactic is not based on trading cryptocurrencies. Most likely, it involves issuing loans or staking.

Spirit employees purchased tokens worth $89.6 million in four days, and a bullish cup-and-handle pattern would appear on the DOGE price change chart.