Craft distillery Heritage Distilling (NASDAQ:HBD) has announced that its board of directors has decided to start holding Bitcoin as a strategic asset.
The Washington-based distillery will also start accepting Bitcoin payments in order to potentially attract a new set of buyers.
The company has noted that a new accounting rule will allow it to report Bitcoin holdings at market value. This will make it easier for the distillery to hold the cryptocurrency when it comes to accounting.
The company's shares are down 4.61% following the Friday announcement.
Heritage Distilling is known for such brands as Elk Rider and Chocolate Whiskey.
According to Matthew Sigel, head of digital research at VanEck, it remains to be seen how much BTC the company might actually buy if there is no turnaround in profitability.
The alcohol industry started embracing crypto a long time ago. For example, Kensington-based Philadelphia Brewing Company became the first Bitcoin company to start accepting the original cryptocurrency as payment back in 2014.
As reported by U.Today, a Japanese branch of Ernst & Young introduced a blockchain-powered service for detecting bogus products.
Last year, Roehill Springs, a British family-run gin distillery, started using blockchain to ensure water clarity.
免责声明:info@kdj.com
所提供的信息并非交易建议。根据本文提供的信息进行的任何投资，kdj.com不承担任何责任。加密货币具有高波动性，强烈建议您深入研究后，谨慎投资！
如您认为本网站上使用的内容侵犯了您的版权，请立即联系我们（info@kdj.com），我们将及时删除。
