LQR House board of directors approves purchase of $1 million in Bitcoin as reserve asset
LQR House Inc. (NASDAQ stock code: LQR), a US-listed company, announced today that its board of directors has approved the purchase of $1 million worth of Bitcoin as part of its fund management strategy. In addition, the company will now accept cryptocurrency payments on CWSpirits.com, allowing customers to use digital currency to purchase alcoholic beverages flexibly. As part of the plan, LQR House has adopted a policy to reserve up to $10 million in cryptocurrency payments for Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US stocks erase Monday losses after Bessent calls China trade situation ‘unsustainable’
While Treasury Secretary Scott Bessent expects de-escalation in the future, he said negotiations have not yet started
Small-cap stocks are adding Solana exposure
Struggling stocks revive fortunes with Solana treasury buys
Total cryptocurrency market value exceeds $3 trillion
OpenAI's goal of reorganizing as a for-profit company hits roadblock
Trending news
MoreCrypto prices
More
