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Heritage Distilling, a publicly traded whiskey maker valued at $200 million, has announced plans to accept Bitcoin (BTC) payments and hold the resulting profits in its corporate treasury. This move reflects a broader trend of public companies increasingly integrating cryptocurrencies into their financial strategies. In addition to Heritage Distilling's adoption of BTC and Dogecoin (DOGE) for payments, BMGL has revealed intentions to acquire $1 billion worth of Bitcoin through a share-swap transaction. These developments highlight growing corporate interest in cryptocurrency holdings across diverse industries.
BITCOIN MAKES ITS WAY INTO MORE CORPORATE TREASURIES Public companies are diving deeper into Bitcoin as adoption spreads across industries — from spirits to surgery. @HeritageDistill plans to accept BTC and DOGE for payments, while BMGL aims to acquire $1B in Bitcoin through a https://t.co/m7DOUsrjnK
JUST IN: $200M PUBLICLY TRADED WHISKEY MAKER HERITAGE DISTILLING WILL ACCEPT $BTC PAYMENTS AND HOLD THE PROFITS IN ITS TREASURY. Source: @Cointelegraph https://t.co/zWVccITnTx https://t.co/hXap2ekUVE
HERITAGE DISTILLING TO ACCEPT $BTC AND HOLD PROFITS IN TREASURY $200M publicly traded whiskey maker Heritage Distilling will begin accepting Bitcoin payments and plans to hold the BTC revenue in its corporate treasury, joining a growing list of firms embracing crypto. Source: https://t.co/1Hv3xQ8AX4
