Spirit Blockchain Capital is rolling out a yield-bearing strategy specifically targeting its Dogecoin holdings. This innovative move reflects the company’s ongoing commitment to enhancing shareholder value and expanding its treasury portfolio. The new strategy is seen as an attempt to unlock fresh revenue streams in the crypto space.

The firm has plans to extend these yield strategies into other significant cryptocurrencies like Bitcoin and Solana. CEO Lewis Bateman highlighted their inspiration drawn from MicroStrategy’s approach in managing digital wealth, eyeing a market leader position in yield generation. However, the method for establishing yields on Dogecoin remains yet to be detailed.