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.
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