Scottish brewery BrewDog opens up investments from 10 cryptocurrencies

BrewDog has opened its doors to crypto holders by allowing them to buy shares for £25 worth of digital assets

Scottish beer brewery BrewDog has extended its crowdfunding campaign to include investment from 10 cryptocurrencies, according to a tweet published on Thursday.

BrewDog launched its fundraiser – aptly named “Equity for Punks” – in 2010 and has since raised £72.2 million.

Equity for Punks allows casual investors to purchase shares for just £25 each, with options to purchase in BTC, BCH, BSV, ETH, LTC, OMG, QTUM, REP, and ZRX now being made available.

In an official statement, the brewing company said: “This is the natural next step for us as a business. James and Martin started BrewDog to be an alternative to the status quo; to challenge perceptions and revolutionise their industry. The developers, miners, and users of cryptocurrency are exactly the same. Joining forces to link the old and new financial systems is a perfect fit.”

To incentivise crypto supporters, BrewDog has announced that each investor will receive “six cans of Cryptonite West Coast IPA”.

So far, BrewDog has a total of 114,000 registered shareholders. This number is expected to rise as the program will continue until April 2020.

This is not the first time beer and cryptocurrency have locked lips. Back in April, Coin Rivet visited London’s first bar to accept Bitcoin via the up-and-coming Lightning Network.

For more news, guides, and cryptocurrency analysis, click here.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

telegram

Previous Article

Litecoin goes live on Flexa's network of 39,000 merchants

Next Article

Being proactive leads to success

Read More Related articles

Latest Guides

Find in-depth articles, guides and videos designed to give you a better understanding of Bitcoin, DeFi, trading, security and much more.

Get started