LQR House Inc. Board of Directors Approves Purchase of Up to $1M Bitcoin as Treasury Reserve Asset and Retention of Up to $10M Crypto Payments on CWSpirits.com
LQR House Inc. Board of Directors Approves Purchase of Up to $1M Bitcoin as Treasury Reserve Asset and Retention of Up to $10M Crypto Payments on CWSpirits.com
MIAMI, FL / ACCESSWIRE / November 19, 2024 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche e-commerce platform specializing in the spirits and beverage industry, today announced that its Board of Directors has approved the purchase of up to $1 million in Bitcoin as part of its treasury management strategy.
邁阿密,佛羅里達州 / 訪問線 / 2024年11月19日 / LQR House Inc.("公司"或"LQR House")(納斯達克:LQR),一家專注於烈酒和飲料行業的利基電子商務平台,今天宣佈其董事會已批准購買高達100萬美元的比特幣,作爲其財務管理策略的一部分。
In addition, the Company will now accept cryptocurrency payments on CWSpirits.com, giving customers the flexibility to purchase alcohol using digital currencies. As part of this initiative, LQR House has adopted a policy to retain up to $10 million of these crypto payments in Bitcoin, reflecting the Company's confidence in the long-term potential and value of digital assets.
此外,公司現在將在CWSpirits.com接受數字貨幣支付,爲客戶提供使用數字貨幣購買酒精的靈活性。作爲這一舉措的一部分,LQR House已制定政策,將保留高達1000萬美元的這些加密支付以比特幣形式,反映公司對數字資產的長期潛力和價值的信懇智能。
"As Bitcoin continues to gain traction as an accepted asset class, we see a unique opportunity to strengthen our treasury with an innovative investment," said Sean Dollinger, CEO of LQR House. "In our opinion, Bitcoin's inherent scarcity and finite supply position it as a modern hedge against inflation and a safe haven in times of economic uncertainty. We believe Bitcoin aligns with our forward-thinking strategy and complements our mission to drive innovation across all aspects of our business."
"隨着比特幣作爲一種被接受的資產類別繼續獲得認可,我們看到一個獨特的機會,以創新投資來增強我們的財務管理," LQR House的首席執行官Sean Dollinger表示。"在我們看來,比特幣的固有稀缺性和有限供應使其成爲抵禦通貨膨脹的現代對沖工具,並在經濟不確定時期提供安全避風港。我們相信比特幣符合我們前瞻性的策略,並補充我們推動所有業務方面創新的使命。"
While Bitcoin will now be integrated into LQR House's diversified strategy, the Company remains firmly committed to its core operations. This includes executing its previously announced cost-cutting initiatives aimed at enhancing profitability and collaborating closely with its new board members to define and implement the most effective strategies for sustainable growth.
雖然比特幣現在將被整合到LQR House的多元化策略中,但公司仍然堅決致力於其核心業務。這包括執行之前宣佈的成本削減措施,以增強盈利能力,並與新董事會成員密切合作,以定義和實施可持續增長的最有效策略。
LQR House will monitor its Bitcoin holdings closely, ensuring they align with market conditions and the Company's cash flow requirements.
LQR House將密切監控其比特幣持有量,確保其與市場條件和公司的現金流需求相一致。
About LQR House Inc.
關於LQR House公司
LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role in an e-commerce sector, LQR House is a marketing agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a return on investment. Backed by an influential network of over 550 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.
LQR House旨在成爲著名的葡萄酒和烈酒電商行業的強大力量,以其旗艦酒類市場cwspirits.com爲例。該平台以技術驅動爲特色,利用軟件、數據分析和人工智能來提升消費者體驗。CWSpirits.com作爲當代、方便型購物者的首選目的地,提供了當紅、高檔酒品和香檳的多樣化選擇,這些酒品來自受人尊敬的零售合作伙伴如Country Wine & Spirits。除了在電子商務領域發揮作用,LQR House還是專注於酒類行業的營銷機構。公司通過直接將其成功的市場活動與CWSpirits.com上的銷售額相對應來衡量其成果,以證明對投資的回報。在受到550多個酒類行業名人的支持下,LQR House戰略性地推動CWSpirits.com的流量,提高品牌知名度。LQR House旨在打破傳統酒類行業的格局,致力於提供無與倫比的在線購物體驗以及量身定製的營銷解決方案。
Forward-Looking Statements
前瞻性聲明
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. Forward-looking statements contained in this press release are made only as of the date of this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that the Company files from time to time with the United States Securities and Exchange Commission (the "SEC"). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the headings "Risk Factors". Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that the Company files from time to time with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.
本公告中的某些聲明屬於前瞻性聲明。這些前瞻性聲明涉及已知和未知的風險和不確定性,並基於該公司對可能影響其財務狀況、業績、業務策略和財務需求的未來事件的當前期望和預測。按照這種方式,股東可以通過諸如"可能"、"將會"、"預計"、"期望"、"旨在"、"估計"、"打算"、"計劃"、"相信"、"可能"、"持續"或其他類似的表述識別這些前瞻性聲明。本新聞稿中的前瞻性聲明僅在本新聞稿日期作出。公司無義務公開更新或修訂任何前瞻性聲明,以反映此後發生的事件或情況,或者在此後出現其預期發生變化的情況,除非法律有要求。這些聲明可能受市場狀況等不確定性和風險的影響,以及公司2019年12月31日財年年報10-K的"風險因素"部分,以及公司每年向美國證監會("SEC")提交的其他報告和文件中討論的其他因素。請認真審查和考慮任何警示性聲明和其他披露,包括在"風險因素"標題下做出的聲明。儘管公司認爲這些前瞻性聲明所表達的期望是合理的,但公司不能向投資者保證這些期望會變得正確,公司警告投資者實際結果可能與預期結果有實質不同,並鼓勵投資者查看可能影響其對公司未來結果的因素,這些因素敘述在公司2019年12月31日財年年報10-K以及公司的其他報告和文件中。公司的文件可在www.sec.gov查閱。網站的參考和鏈接是爲了方便提供的,其中的信息未被納入此新聞稿的引用之列。
Investor and Media Contact:
info@lqrhouse.com
投資者和媒體聯繫人:
info@lqrhouse.com
Contact Information
聯繫信息
Sean Dollinger
CEO
info@lqrhouse.com
Sean Dollinger
CEO
info@lqrhouse.com
SOURCE: LQR House
消息來源:LQR House
譯文內容由第三人軟體翻譯。