tiprankstipranks

LQR House board approves purchase of up to $1M in bitcoin

LQR House board approves purchase of up to $1M in bitcoin

LQR House (LQR) Board of Directors has approved the purchase of up to $1M in Bitcoin as part of its treasury management strategy. In addition, the Company will now accept cryptocurrency payments on CWSpirits.com, giving customers the flexibility to purchase alcohol using digital currencies. As part of this initiative, LQR House has adopted a policy to retain up to $10M of these crypto payments in Bitcoin, reflecting the Company’s confidence in the long-term potential and value of digital assets.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue