{
}
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Heritage Distilling, a Washington-based craft spirits producer, has become the first publicly traded spirits company to accept Bitcoin as payment and hold it as a treasury asset. This decision comes amid financial challenges, with a reported $3.43 million net loss in Q3 2024, raising questions about the company's ability to acquire Bitcoin without a profitability turnaround. The move aligns with a growing trend among US companies adopting Bitcoin as a corporate treasury asset, following the lead of MicroStrategy and others.
Babylon Labs has partnered with Fiamma to enhance Bitcoin's decentralized finance ecosystem by integrating zero-knowledge technology through Fiamma’s BitVM2 protocol. This collaboration aims to develop trust-minimized Bitcoin bridges, expanding BTC's utility in DeFi, while Babylon Labs continues to lead in Bitcoin staking with over 57,000 BTC staked and a total value locked exceeding $6 billion.In related news, Heritage Distilling Holding Company has announced a Bitcoin Treasury Policy, planning to accept Bitcoin as payment and hold it as a strategic asset, positioning itself as a pioneer in the craft spirits industry’s cryptocurrency integration.
Matt Swann
People
MicroStrategy Inc
Acurx Pharmaceuticals, Inc.
Cosmos Health Inc.
MARATHON DIGITAL
Worksport Ltd.
Heritage Distilling Holding Company, Inc.
Riot Platforms, Inc.
USA
Matt Swann
Matthew Sigel
Show more
13:12 11.01.2025
22:00 10.01.2025
Trending
Subcategory:
Cryptocurrency Markets
Cryptocurrency Trends
Market Sentiment Analysis
Stock Market Updates
Decentralized Finance (DeFi) Innovations
Central Bank Actions
Tokenomics and Crypto Economics
Market Analysis and Predictions
Cryptocurrency & Blockchain Regulations
Inflation Rates & CPI Data
Banking Regulations
Hedge Funds & Private Equity
Employment Reports
Cryptocurrency Regulations
Corporate Responsibility & ESG
Anti-Money Laundering (AML) Regulations
ESG & Sustainable Finance Regulations
Anti-Money Laundering (AML) & Know Your Customer
Blockchain Technology Adoption
Banking & Investment Regulations
Countries:
Companies:
Currencies:
People:
Ethereum USD
Apple Inc.
Solana USD
Ripple USD USD
Coinbase Global, Inc.
Santiment Network Token USD
Bitcoin USD
Bitwise Bitcoin ETF
BlackRock, Inc.
Taiwan Semiconductor Manufacturing Co Ltd
Heritage Distilling Holding Company, Inc.
NVIDIA Corporation
Robinhood Markets, Inc.
JPMorgan Chase & Co.
MARATHON DIGITAL
MicroStrategy Inc
End Federal Reserve USD
ai16z USD
Broadcom Inc.
Amazon.com, Inc.
United States Dollar
Armenian Dram
Vietnamese Đồng
British Pound Sterling
Euro
Canadian Dollar
New Zealand Dollar
Australian Dollar
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.