LQR House intends to shift towards digital assets, cooperates with Leshner
Corporate Strategy Shift: LQR House is expanding its focus to include cryptocurrency and blockchain technology, influenced by Leshner's interest in a more crypto-native approach.
Investment Plans: The company plans to allocate part of its treasury to Bitcoin and explore investments in mining infrastructure through partnerships with Bitmain and Polaris Capital.
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LQR House Stock (YHC) Soars 65% on TikTok Collaboration
Stock Surge Due to Partnership: LQR House (YHC) stock rose 65.83% after announcing a partnership with TikTok to develop and monetize creator-led content through its subsidiary, YHC Online.
Market Performance Overview: Despite the surge, YHC shares have fallen 97.46% year-to-date, with heavy trading activity noted as 48 million shares exchanged hands compared to an average of 5.29 million.
Dow Falls Over 200 Points; 3M Earnings Top Views
U.S. Stock Market Performance: U.S. stocks fell, with the Dow Jones dropping over 200 points and sectors like communication services declining, while utilities saw a rise of 1.9%.
Company Highlights: 3M reported strong second-quarter results and raised its full-year guidance, while Telomir Pharmaceuticals and MEI Pharma experienced significant stock surges due to positive announcements, contrasting with sharp declines in LQR House Inc. and Northern Dynasty Minerals Ltd.
