{"id":2952,"date":"2024-11-19T15:37:42","date_gmt":"2024-11-19T15:37:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2952"},"modified":"2024-11-19T15:37:42","modified_gmt":"2024-11-19T15:37:42","slug":"lqr-house-approves-1m-bitcoin-purchase-following-microstrategys-lead-in-corporate-crypto-strategies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2952","title":{"rendered":"LQR House Approves $1M Bitcoin Purchase, Following MicroStrategy&#8217;s Lead In Corporate Crypto Strategies"},"content":{"rendered":"<div>\n<p><strong>LQR House Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/LQR#NASDAQ\">LQR<\/a>), an e-commerce platform specializing in spirits and beverages, on Tuesday announced its Board of Directors\u2019 approval to purchase up to $1 million worth of <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) as part of its <a href=\"https:\/\/www.benzinga.com\/24\/11\/42028576\/rfk-jr-stands-firm-on-bitcoin-as-currency-of-freedom-says-howard-lutnik-as-treasury-secretary-will-be-best-for-apex-crypto\">treasury management strategy<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The company will also <a href=\"https:\/\/www.accesswire.com\/944254\/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-cwspiritscom\">accept<\/a> cryptocurrency payments on its flagship platform, <strong>CWSpirits.com<\/strong>, allowing customers to purchase alcohol using digital currencies.<\/p>\n<p>As part of this initiative, LQR House plans to retain up to $10 million of these payments in Bitcoin, further embedding the cryptocurrency into its financial strategy.<\/p>\n<p>LQR House CEO <strong>Sean Dollinger<\/strong> stated that Bitcoin&#8217;s scarcity and fixed supply align with the company&#8217;s broader vision. <\/p>\n<p>&#8220;We see &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42065821\/lqr-house-approves-1m-bitcoin-purchase-following-microstrategys-lead-in-corporate-crypto-s\" alt=\"LQR\" house approves bitcoin purchase following microstrategy lead in corporate crypto strategies>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>LQR House Inc. (NASDAQ:LQR), an e-commerce platform specializing in spirits and beverages, on Tuesday announced its Board of Directors\u2019 approval to purchase up to $1 million worth of Bitcoin (CRYPTO: BTC) as part of its treasury management strategy. What Happened: The company will also accept cryptocurrency payments on its flagship platform, CWSpirits.com, allowing customers to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2952","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2952"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2952\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}