LQR House Board of Directors Approves Purchase of $1 Million in BTC as Reserve Assets

Odaily News LQR House Inc. (NASDAQ: LQR), a US-listed company, a niche e-commerce platform focused on the spirits and beverage industry, announced today that its board of directors has approved the purchase of $1 million worth of 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 alcoholic beverages using digital currencies. As part of the initiative, LQR House has adopted a policy to retain up to $10 million in crypto payments as Bitcoin. It is reported that LQR House is. (Accesswire)