{"id":2618,"date":"2024-11-13T17:47:05","date_gmt":"2024-11-13T17:47:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2618"},"modified":"2024-11-13T17:47:05","modified_gmt":"2024-11-13T17:47:05","slug":"a-dogecoin-strategic-reserve-one-company-is-working-on-it","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2618","title":{"rendered":"A Dogecoin Strategic Reserve? One Company Is Working On it"},"content":{"rendered":"<div>\n<p><strong>Spirit Blockchain Capital<\/strong> appears to be positioning itself as a significant player in the <strong>Dogecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) ecosystem, with CEO <strong>Lewis Bateman<\/strong> likening the company&#8217;s strategy to <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41878981\/microstrategy-acquires-another-27200-bitcoin-worth-2-billion\"><strong>MicroStrategy<\/strong>&#8216;s high-profile <strong>Bitcoin<\/strong> acquisitions<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Announced in October and further detailed last week, Spirit&#8217;s acquisition of Dogecoin Holdings is part of a broader vision that goes beyond using Dogecoin as a simple treasury asset.<\/p>\n<p>In an <a href=\"https:\/\/decrypt.co\/291155\/microstrategy-dogecoin-spirit-blockchain-capital\">interview<\/a> with Decrypt, Bateman shared that Spirit intends to establish a substantial Dogecoin reserve while also fostering its ecosystem and driving institutional interest.<\/p>\n<p>&#8220;We are going to hold a significant balance sheet of Dogecoin over the coming months and coming years,&#8221; Bateman said. &#8220;But we also want to build out the ecosystem. We want to institutionalize that.&#8221;<\/p>\n<p>According to Spirit, Dogecoin Holdings was founded by dedicated Dogecoin advocates, and the acquisition includes assets like a Dogecoin payment gateway, ETF platform technology for Dogecoin, and $383,000 in cash. <\/p>\n<p>The company&#8217;s goal is to support the Dogecoin ecosystem by creating products that enable Dogecoin to be more widely used as a payment method.<\/p>\n<p>Dogecoin&#8217;s value has surged 104% to $0.32 since &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41947920\/a-dogecoin-strategic-reserve-one-company-is-working-on-it\" alt=\"A\" dogecoin strategic reserve one company is working on it>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Spirit Blockchain Capital appears to be positioning itself as a significant player in the Dogecoin (CRYPTO: DOGE) ecosystem, with CEO Lewis Bateman likening the company&#8217;s strategy to MicroStrategy&#8216;s high-profile Bitcoin acquisitions. What Happened: Announced in October and further detailed last week, Spirit&#8217;s acquisition of Dogecoin Holdings is part of a broader vision that goes beyond [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2618","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2618"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2618\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}