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Canadian investment firm Spirit Blockchain Capital said in a statement Thursday that it intends to leverage its Dogecoin holdings with a new revenue generation strategy. The publicly traded company says the move will enable it to deliver value to shareholders, in addition to expanding its financial efficiency and increasing the adoption of decentralized financial products.
On October 19th, according to foreign media reports, Musk once again "shouted" the Dogecoin (DOGE) during a speech in Pennsylvania on Thursday to promote Donald Trump's presidential campaign, causing the price of the Meme coin to surge by 15% in 24 hours. During the speech, an audience member asked Musk about Trump's promise to appoint him to lead the "Government Effectiveness Council" in the future. Musk replied: "Yes, Dogecoin (D.O.G.E.)."
Donald Trump will hold a news conference in New Jersey on Thursday.
