PANews, May 16 - Heritage Distilling, a spirits company listed on NASDAQ, has approved a cryptocurrency reserve policy that includes Bitcoin and Dogecoin as strategic assets, and will accept them as payment through its e-commerce platform. This policy is led by the board's Technology and Crypto Committee, which emphasizes that Bitcoin is suitable for long-term holding, while Dogecoin is widely applicable for consumer payments due to its broad user base. The CEO stated that product profit margins will buffer against cryptocurrency volatility, providing the company with flexibility. Heritage plans to lead innovation in e-commerce for craft spirits with this move.
