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LQR House Secures Coinbase Prime for Bitcoin Custody and Treasury Management

1. LQR House partners with Coinbase Prime for Bitcoin custody and management. 2. Company diversifies treasury by acquiring Bitcoin, potentially boosting COIN's usage.

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FAQ

Why Bullish?

LQR House's use of Coinbase for Bitcoin could increase demand for COIN's services, similar to other corporate Bitcoin adoptions that positively impacted platforms in the past.

How important is it?

The agreement enhances COIN's market position and utility, potentially improving its market perception and inviting further corporate interests.

Why Short Term?

Immediate demand for COIN's services may rise as new clients like LQR House seek cryptocurrency management solutions.

Related Companies

YHC
Company Successfully Opens Corporate Account as Board Greenlights Bitcoin as a Treasury Reserve Asset MIAMI BEACH, FLORIDA / ACCESS Newswire / March 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 that it has officially selected Coinbase Prime (NASDAQ: COIN) to provide secure custody, USDC services, and a self-custodial wallet for its Bitcoin holdings. Following board approval to purchase Bitcoin as part of its treasury diversification strategy, LQR House has successfully executed a Coinbase Prime Broker Agreement, enabling the company to securely acquire and manage BTC.

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