LQR House Inc., a niche ecommerce platform specializing in the spirits and beverage industry, has announced plans to expand into the cryptocurrency sector by investing in Bitmain mining equipment. The company intends to deploy these machines at Polaris Capital's Bitcoin mining farms in Texas as part of a strategic move to enhance its Bitcoin treasury strategy. By venturing into mining infrastructure, LQR House aims to accumulate Bitcoin at a potentially lower cost while maintaining full control over the assets. This initiative marks a significant shift in the company's strategy, blending its ecommerce expertise with digital asset infrastructure. The proposed investment is contingent upon the execution of definitive agreements, corporate approvals, and regulatory clearances.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LQR House Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1049720) on July 17, 2025, and is solely responsible for the information contained therein.
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