TechFlow reported, citing Decrypt, that as more publicly traded companies adopt the Bitcoin standard, Heritage Distilling, a Nasdaq-listed spirits manufacturer with the ticker CASK, has recently announced joining this movement.
The company said on Friday it will begin holding cryptocurrency as a "strategic asset" and accept crypto payments. The plan requires approval, and Heritage will first develop a policy proposal for board approval before taking action.
"Heritage has always been an innovator, and we're once again leading the way in the craft spirits industry by preparing to accept Bitcoin as a payment method for our online e-commerce sales, as well as acquiring and holding Bitcoin as an asset," said Justin Stiefel, CEO of Heritage Distilling, in a statement.
