LQR House Inc. Board of Directors Approves Purchase of Up to $1M Bitcoin as Treasury Reserve Asset and Retention of Up to $10M Crypto Payments on CWSpirits.com
Portfolio Pulse from
LQR House Inc. has announced plans to purchase up to $1 million in Bitcoin as a treasury reserve asset and will accept up to $10 million in cryptocurrency payments on its platform CWSpirits.com.
November 19, 2024 | 1:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
LQR House Inc. plans to purchase up to $1 million in Bitcoin and accept up to $10 million in cryptocurrency payments, indicating a strategic shift towards digital assets.
The decision to invest in Bitcoin and accept crypto payments could attract new customers and investors interested in digital assets, potentially boosting LQR's market position and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100