heritage

Michael Saylor stated that he will destroy the private keys of his 17,000 BTC worth $1.5 billion, and said, "This is my legacy."

ChainCatcher news, according to GlobeNewswire, IP treasury company Heritage Distilling Holding Company announced its name change to "IP Strategy," with the NASDAQ stock code changing from "CASK" to "IPST," effective September 22.Currently, IP Strategy holds over 53.2 million IP tokens, valued at approximately $731 million.

ChainCatcher news, according to Businesswire, Heritage Distilling Holding Company (NASDAQ: CASK) announced the completion of a $223.8 million private financing, which includes $95 million in cash and $128.8 million in $IP tokens. This round of financing was supported by institutions such as Story Foundation, a16z crypto, Amber Group, and Arrington Capital.Through this transaction, Heritage now holds over 53.2 million $IP tokens, with a total value exceeding $320 million based on the closing price of $6.0668 on August 22. At the same time, the company successfully paid off $19.3 million in debt, including all priority secured debt, saving over $2 million in interest expenses annually.

ChainCatcher news, according to businesswire, Nasdaq-listed company Heritage Distilling announced the completion of a $220 million financing, with participation from a16z crypto, Amber Group, Arrington Capital, dao 5, Hashed, Mirana Ventures, Neoclassic Capital, Open World, Polychain Capital, Selini Capital, Stix, and Syncracy Capital.The company will allocate $82 million to purchase IP tokens to establish an IP token reserve.

ChainCatcher news, according to Globenewswire, Nasdaq-listed spirits manufacturer Heritage Distilling (stock code CASK) announced the formal establishment of a cryptocurrency financial reserve strategy and is transitioning from traditional consumer packaged goods to products built on blockchain technology and cryptocurrency integration, becoming a cryptocurrency product company. It also announced that its pre-sale products will support Bitcoin purchases.Previous news, Nasdaq-listed company Heritage will accept Bitcoin and Dogecoin as payment methods and implement a cryptocurrency financial strategy.

ChainCatcher news, whiskey manufacturer Heritage Distilling (NASDAQ: CASK) announced that it will implement a cryptocurrency financial strategy, accepting Bitcoin and Dogecoin as payment methods, and holding them as strategic assets. The plan is led by the board's Technology and Cryptocurrency Committee, chaired by Matt Swann.

ChainCatcher news, according to Decrypt, the Nasdaq-listed spirits company Heritage Distilling (stock code: CASK) has announced that it will begin holding cryptocurrency as a "strategic asset" and will accept cryptocurrency payments. The company stated that the plan requires approval, and Heritage will first develop a policy plan for board approval before taking action.Heritage CEO Justin Stiefel said in a statement, "Heritage has always been an innovator, and we are once again at the forefront of the craft spirits industry. We are ready to accept Bitcoin as a payment method for online e-commerce sales and to acquire and hold Bitcoin as an asset."

ChainCatcher news, Shiba Inu's anonymous marketing director Lucie posted on X on August 24, stating that the team will launch a DAO that allows SHIB holders to vote on future initiatives and have a say in the project's future direction. Two main councils, the "Charity Council" and the "Culture & Heritage Council," will guide the governance of the DAO.According to Lucie, these two councils will "guide community initiatives," ranging from charitable outreach to "preserving the unique culture brought by the Shiba Inu Meme coin community." Other tokens in the SHIB ecosystem, including BONE and LEASH, will also play a role in the DAO governance process.

ChainCatcher news, the Web3 cultural heritage preservation platform Quantum Temple has announced the completion of a $2 million pre-seed funding round, led by Borderless Capital, with participation from the Algorand Foundation, Outliers Fund, Shima Capital, New Moon Ventures, NxGen, and a group of angel investors.It is reported that Quantum Temple uses NFTs to protect cultural heritage and facilitate fair exchanges among collectors, leveraging blockchain technology to permanently preserve and share knowledge, traditions, and cultural art forms from around the world. Currently, Quantum Temple has created a decentralized platform aimed at recording and funding cultural heritage through NFTs. (Source link)