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Nasdaq-listed spirits company Heritage Distilling plans to build bitcoin reserves and accept it as a means of payment

Nasdaq-listed spirits company Heritage Distilling (ticker CASK) said it would start holding cryptocurrencies as "strategic assets" and accepting cryptocurrency payments, Decrypt reported. The company said the plan is subject to approval, and Heritage will first develop a policy plan for board approval before taking action. Justin Stiefel, chief executive of Heritage, said in a statement: "Heritage has always been an innovator, we are once again leading the way in artisanal spirits, we are ready to accept bitcoin as payment for online ecommerce sales and to acquire and hold bitcoin as an asset."