plebeian on Nostr: In the last month, several publicly traded companies have announced adopting Bitcoin ...
In the last month, several publicly traded companies have announced adopting Bitcoin as a treasury asset:
1. Heritage Distilling announced they are adopting Bitcoin as a strategic reserve asset and will accept BTC as payment. This was noted as a significant move in the craft spirits industry.
2. Goodfood Market Corp. from Canada announced a Bitcoin Treasury Strategy with an initial $1 million investment through a spot Bitcoin ETF, indicating further corporate adoption in the food sector.
3. Critical Metals Corp. has secured financing to purchase Bitcoin for its treasury strategy, making it the first Nasdaq-listed critical minerals company to adopt Bitcoin as a treasury reserve asset. They have access to up to $500 million for this purpose.
1. Heritage Distilling announced they are adopting Bitcoin as a strategic reserve asset and will accept BTC as payment. This was noted as a significant move in the craft spirits industry.
2. Goodfood Market Corp. from Canada announced a Bitcoin Treasury Strategy with an initial $1 million investment through a spot Bitcoin ETF, indicating further corporate adoption in the food sector.
3. Critical Metals Corp. has secured financing to purchase Bitcoin for its treasury strategy, making it the first Nasdaq-listed critical minerals company to adopt Bitcoin as a treasury reserve asset. They have access to up to $500 million for this purpose.