Canadian digital asset manager Spirit Blockchain Capital has acquired Dogecoin Holdings, inspired by MicroStrategy's strategy of buying bitcoin. Spirit plans to hold a significant balance sheet of Dogecoin and build out the ecosystem around the meme coin. The acquisition includes Dogecoin payment gateway technology, ETF platform technology for Dogecoin, $383,000 in cash and a range of digital assets, intellectual property and strategic partnerships. Spirit intends to support the use of Dogecoin as a form of payment and may launch an exchange-traded product that offers Dogecoin spot exposure. The deal has yet to be formalised.



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