Articles for tag: Bitcoin payments, craft spirits, cryptocurrency adoption, financial flexibility, Heritage Distilling, Nasdaq IPO, Native American partnerships

January 13, 2025

Heritage Distilling Embraces Bitcoin: A Bold Move in the Spirits Industry

Heritage Distilling Company, based in Washington State, has made history as the first publicly traded distillery to accept Bitcoin as payment. After launching its IPO on Nasdaq, the company is now integrating cryptocurrency into its sales strategy. By adopting Bitcoin, Heritage aims to diversify its treasury and attract a broader audience, believing that its unique ...

December 26, 2024

Market News

Crypto

Russian Companies Turn to Bitcoin as Sanctions Bite, Reports Reuters: A Growing Trend in Digital Currency Adoption

Russian companies are increasingly turning to Bitcoin and other digital currencies for international payments due to Western sanctions. Chinese banks, once key players in Russian trade, have drastically reduced transaction support, fearing repercussions in U.S. financial markets. Reports indicate that by mid-2024, up to 80% of Russian payments in yuan were either rejected or returned. ...