Heritage Distillation, a liquor company listed on NASDAQ, plans to establish Bitcoin reserves and accept it as a payment method
According to Decrypt, Heritage Distillation (stock code CASK), a spirits company listed on NASDAQ, has announced that it will begin holding cryptocurrencies as a "strategic asset" and accepting cryptocurrency payments. The company stated that the plan requires approval, and Heritage will first develop a policy plan for board approval before taking action. Heritage CEO Justin Stiefel said in a statement, "Heritage has always been an innovator, and we are once again at the forefront of handcrafted spirits. We are prepared to accept Bitcoin as a payment method for online e-commerce sales and acquire and hold Bitcoin as an asset