Heritage Distilling, a Nasdaq-listed company, plans to establish a Bitcoin reserve and accept it as a payment method

ChainCatcher news, according to Decrypt, the Nasdaq-listed spirits company Heritage Distilling (stock code: CASK) has announced that it will begin holding cryptocurrency as a "strategic asset" and will accept cryptocurrency payments. The company stated that the plan requires approval, and Heritage will first develop a policy plan for board approval before taking action.

Heritage CEO Justin Stiefel said in a statement, "Heritage has always been an innovator, and we are once again at the forefront of the craft spirits industry. We are ready to accept Bitcoin as a payment method for online e-commerce sales and to acquire and hold Bitcoin as an asset."