Spirit Blockchain Capital has adapted MicroStrategy's strategy to Dogecoin

Spirit, a company that has attracted the attention of the cryptocurrency world with its investments in Dogecoin, began an ambitious plan in December 2024 to increase its holdings of meme tokens. This move is part of their strategy aimed at profiting not only from Dogecoin but also from other popular cryptocurrencies such as BTC, ETH, Tether (USDT), and Solana (SOL).

Interestingly, the list of cryptocurrencies that Spirit plans to extend its strategy to includes stablecoins USDT. This hints that the company may employ more conservative earning methods, such as lending or staking, rather than active trading.

Spirit, which is often compared to MicroStrategy due to its significant investments in digital assets, keeps the details of its strategy under wraps. However, the company's CEO, Lewis Bateman, shared plans: "We aim to open new sources of revenue and become market leaders in maximizing benefits not only for Dogecoin but also for the entire digital asset space."

This approach could be an important step for Spirit in its quest to establish itself as a key player in the cryptocurrency world.