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Gin Company Accepts First U.S. Bitcoin Payment from Distributor


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Gin Company Accepts First U.S. Bitcoin Payment from Distributor
February 25, 2021 GMT
Highclere Castle Gin (PRNewsfoto/Highclere Castle Spirits)
ESSEX, Conn., Feb. 25, 2021 /PRNewswire/ Highclere Castle Spirits and Heritage Wine and Spirits based out of Kentucky have transacted the first payment between supplier and distributor in Bitcoin. With Bitcoin near record highs, this is believed to be the first transaction in the world within the spirits industry.
Highclere Castle Spirits sold 10 cases of Highclere Castle Gin to Heritage Wine and Spirits for sale into the Kentucky market. The parties will transact a larger order in late February. This follows a growing trend of industries taking a forward-thinking approach to integrating cryptocurrency into their business model. ....

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