$DOGE Don't put all your eggs in one basket. Move slowly and carefully
Chinese crypto journalist and blogger Colin Wu recently revealed that Spirit Blockchain Capital has finalized its acquisition of Dogecoin Holdingsāa move that could boost the worldwide adoption of DOGE! š¶š°$BTC
š Spirit Blockchain Capital confirmed theyāve acquired Dogecoin Holdings with an eye on expanding Dogecoinās reach globally. Ankr co-founder Chandler Song also jumped in, investing in Dogecoin Holdings and joining as a strategic advisor, aiming to propel DOGE adoption to new heights.
š Dogecoin Portfolio Holdings Corp is focused on managing and developing Dogecoin-based assets. With the acquisition complete, Spirit Blockchain aims to roll out new DOGE products and broaden its presence in DeFi, leveraging DOGEās popularity, particularly among top influencers and the passionate Dogecoin community. š¶ļøš$DOGE
š Dogecoin Holdings was initially established by leading entrepreneurs and DOGE supporters to boost the coinās value and reach. This acquisition targets not just retail, but institutional investors too, enhancing DOGEās global utility and accessibility. Thanks to support from figures like Elon Musk, Dogecoin currently ranks in the top 10 cryptos, with a market cap of $28.9 billion. ššø
š As part of the agreement, Spirit Blockchain will buy all issued shares of Dogecoin Holdings from shareholders, issuing 14 million common shares and 14 million share purchase warrants in return. This strategic integration aims to deliver lasting value for shareholders of both companies.
This acquisition was first announced in October, and now, per Colin Wuās update, itās officially a done deal!#DogeArmyComeBack #AltCoinSeason #PensionCryptoShift 