LQR House announces intent to invest in Bitmain mining equipment

LQR House (YHC) is in advanced discussions with and intends to invest in Bitmain mining machines, which are expected to be deployed at mining farms operated by Polaris Capital in Texas. This anticipated investment is part of LQR House’s broader cryptocurrency treasury strategy, previously approved by the its Board of Directors, which includes gaining direct exposure to Bitcoin. The Company has already secured a Coinbase Prime account for institutional-grade custody and treasury management, which is now in place and ready to support future Bitcoin activity. Rather than simply purchasing Bitcoin on the open market, LQR House is exploring a mining-first approach – a strategy the Board believes could provide greater long-term upside. By owning the mining hardware, LQR House would aim to generate Bitcoin directly and retain 100% ownership of any coins mined.