-
Demonstrations backing France's protesting students gather strength
-
Iraola backs Barcola, Wirtz to come good for Liverpool
-
Trump says US Senate as hard to defend as House in midterms
-
In a first, AI helps UK lawmaker find her voice in parliament
-
Suspected Russian drones hit two ships off Bulgaria, 11 missing
-
Pope Leo in Rome hospital for lung operation
-
Tech stocks slide on AI jitters
-
EU watchdog says smart glasses must give 'clear warnings' when recording
-
Trump asks Greece ambassador to resign amid ethics scandal
-
Houthis say Saudi Arabia strikes oil site in Yemen's capital
-
New White House spokeswoman heavy on Trump praise, light on questions in debut
-
France roiled by marches in support of protesting students
-
Emery urges Villa to make most of reduced home comfort
-
Goldman Sachs profits jump as CEO says no plans to exit
-
Flavio Bolsonaro visits father under house arrest ahead of Brazil runoff
-
Apple unveils HomeView smart display in renewed home push
-
France, Eq. Guinea in standoff over luxury Paris mansion
-
Novelist Thelyson Orelien denies AI use, admits plagiarism 'mistakes'
-
'Holding our ground': Israel demolishes dozens of Bedouin homes
-
Trump asks Greece ambassador to resign amid bribery scandal: White House
-
Hazlewood takes six as Australia beat South Africa in 1st Test
-
11 missing after ships struck off Bulgaria in latest Black Sea attack
-
Saudi coalition tells Sanaa residents to flee site before operation
-
France budget debate faces rocky start as Socialists vow to fight
-
Zverev defies 'physical issues' to reach Shanghai Masters quarter-finals
-
AI could 'change the stakes' on bioweapons: UK spy chief
-
'We're not giving up': Activist Thunberg joins France student protests
-
Sweden centre-left leader fails to form government
-
Man City captain Dias defends celebrations after Liverpool win
-
EU economy chief doubtful Russian diesel exports will affect prices
-
B2PRIME Expands Tier-1 Access and Liquidity Architecture for Sophisticated Institutional Flow
-
Capital International Highlights Multilingual Access to Its Platform as European Economic Conditions Diverge
-
STARTRADER Adds 48 US Stock CFDs with 24-Hour Weekday Trading
-
Hazlewood takes six as Australia win first Test
-
'Ink' director Danny Boyle slams Trump's Truth Social 'lies'
-
Pope Leo admitted to hospital for lung operation
-
Coach Kovac extends contract at Dortmund until 2029
-
Hungary cuts anti-LGBTQ measures from Orban-era law
-
Activist Thunberg joins France student rally after violence at protests
-
Tech stocks slump on AI jitters; oil falls
-
Archer and Bethell in England squad for Australia ODI series
-
ePlanet Brokers Publishes H1 2026 Transparency Report and Highlights Best Broker 2026 Award
-
Formula One to return to Africa in 'early 2030s' in Rwanda
-
Van Gogh work unseen in public for 60 years on show in Hong Kong
-
US actor Selma Blair charged with assault after alleged flight altercation
-
Prosecutors drop most impeachment charges against Philippine VP Duterte
-
Hungary cuts anti-LGBTQ legislation from Orban-era law
-
Hypersonic weapons highlight arms race on the Korean peninsula
-
'Our future is being robbed': Greta Thunberg joins France student protests
-
Fiji appoint ex-Springboks boss White as coach ahead of World Cup
LQR House Signals Potential Strategic Shift Toward Digital Assets with Support from a Significant Crypto Investor
Company Sets Sights on Becoming a Crypto-Integrated Brand Platform, Leveraging Strong Ecommerce Foundation and Industry Collaboration
MIAMI BEACH, FLORIDA / ACCESS Newswire / July 17, 2025 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:YHC), a niche ecommerce platform specializing in the spirits and beverage industry, today announced its strategic intent to broaden its corporate focus by integrating cryptocurrency and blockchain technology into its long-term business model.
This forward-looking shift has been spurred by Leshner, a significant voice in decentralized finance and the open market buyer of a stake in LQR House. Leshner has publicly expressed his interest in having the Company pursue a more crypto-native strategy. The Company plans to seek advice from Leshner, or members of the community that Leshner may suggest. Leshner no longer intends on pursuing a controlling interest in the Company.
This announcement follows the board's previously approved resolution to allocate a portion of the Company's treasury to Bitcoin, along with its stated intention to explore a potential investment in mining infrastructure through a partnership with Bitmain and Polaris Capital.
LQR House views digital assets not merely as a hedge or diversification strategy, but as a potentially foundational element of its evolving business model.
As of July 16, 2025, the Company reports:
6,809,578 shares outstanding
Sold over $20 million through its at-the-market (ATM)
Zero debt
"We believe that this marks a defining moment for LQR House," said Sean Dollinger, CEO of LQR House. "We're not pivoting-we're expanding. Our vision is to build a platform that combines the strength of ecommerce with the power of digital assets. With the support of experienced crypto leaders and our engaged shareholder base, we're positioning LQR House to be at the forefront of the next wave of internet-native consumer brands."
Investing in digital assets and other related transactions discussed above, and their terms are subject to, and contingent upon, the execution of definitive agreements and other related transaction documents by the parties, corporate approvals, customary closing conditions, and regulatory approvals, as applicable.
There can be no assurances that the Company will enter into any definitive agreement with Robert Leshner, and that any potential transactions described above will be consummated.
About LQR House Inc.
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 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 around 460 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.
Forward-Looking Statements
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, 2024, 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, 2024, 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.
Investor and Media Contact:
SOURCE: LQR House
View the original press release on ACCESS Newswire
H.Thompson--AT