IPO Year: 2024
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
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GIG HARBOR, Wash., June 12, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK), North America's most awarded craft distillery, announced today that on June 10, 2025, Heritage CEO, Justin Stiefel, made a presentation at the Summit Investor Conference in which the topic of the Company's cryptocurrency policy came up for discussion. Mr. Stiefel discussed the Company's recently announced activities related to the topic, noting: the creation of the Technology and Cryptocurrency Committee of the Board of Directors on January 7, 2025, the January 10, 2025, announcement of the Company's Cryptocurrency Treasury Reserve Policy,the May 15, 2025, announcement of the adop
Supported by 500,000 "Dogecoin Giveaway" ContestSo Smooth, It's Practically a MoonshotDecentralization Meets Craft Distilling GIG HARBOR, Wa., June 09, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK), North America's most awarded craft distillery, in partnership with House of Doge Inc., the official corporate arm of the Dogecoin Foundation, today announced the upcoming launch of House of Doge™ Bourbon — the world's only Dogecoin-inspired whiskey licensed exclusively to Heritage Distilling. This collaboration marks a historic fusion between a globally recognized crypto brand and a multi-award-winning distillery uniting to create a product that embo
Board adopts cryptocurrency reserve policy as part of treasury diversification Bitcoin Bourbon™ pre-launch and giveaway contest unveiledFinTech veteran Matt Swann appointed to Board of DirectorsRedefines CPG Sector to "Crypto Product Goods" GIG HARBOR, Wash., June 05, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK), North America's most awarded craft distillery, is pioneering a new category: Crypto Product Goods (CPG). This marks a shift from traditional consumer packaged goods to products built around blockchain technologies and cryptocurrency integration, making Heritage the first craft spirits company to accept crypto as a form of payment for spirits.
GIG HARBOR, Wash., June 03, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK), the most awarded craft distillery in North America for the past ten years, today announced the upcoming launch of Bitcoin Bourbon™: a limited-edition Kentucky straight bourbon whiskey designed to celebrate the spirit of decentralization, the rise of digital currency culture and the future of digital payments for e-commerce retailers. This release coincides with Heritage's newly adopted Cryptocurrency Treasury Reserve Policy, under which the company will accept Bitcoin (BTC) as a form of payment and may hold BTC as a strategic asset. Bitcoin Bourbon will be released at a bold 106.1
GIG HARBOR, Wash., May 15, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) ("HDC" or "Heritage" or the "Company"), a leading craft distiller of innovative premium brands, announced today that its Board of Directors has approved the final version of its Cryptocurrency Treasury Reserve Policy (the "Cryptocurrency Policy") as part of a broader corporate sales and treasury diversification strategy which will enable the Company to lead the craft spirits space in accepting Bitcoin (BTC-USD) and Dogecoin (DOGE-USD) as a form of payment for its products and services via its direct-to-consumer ("DTC") e-commerce platform and to allow the Company to acquire and hold
GIG HARBOR, Wash., April 28, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. ("HDC" or "Heritage" or the "Company") (NASDAQ:CASK), a leading craft distiller of innovative premium brands, today reported it regained compliance with the Nasdaq regarding the filing of periodic reports after filing its 2024 Annual Report of Form 10-K with the Securities and Exchange Commission on April 28, 2025. On April 22, 2025, Nasdaq notified the Company that it no longer met the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1) (the "Rule"), which requires listed companies to timely file all required periodic financial reports with the Securities and E
Company achieves EBITDA exceeding $4.5 million and profitability with net income exceeding $0.7 million, or $0.05 per share, for full year 2024 Heritage reported Q4 2024 topline revenue increased 26.4% versus Q4 2023, eclipsing $3 million Heritage reported 5.4% year over year revenue growth GIG HARBOR, Wash., April 28, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Company, Inc. ("HDC" or "Heritage" or the "Company") (NASDAQ:CASK), a leading craft distiller of innovative premium brands, today reported its full year 2024 financial results for the twelve-month period ended December 31, 2024. "2024 was a transformative year for Heritage. We successfully transitioned from a private
GIG HARBOR, Wash., March 27, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. ("HDC" or "Heritage") (NASDAQ:CASK), a leading craft distiller of innovative premium brands, announced that its Cocoa Bomb Chocolate Whiskey was named "World's Best Flavored Whiskey" by Whisky Magazine at the World Whiskies Awards in London, England. Previously, Heritage has won Whisky Magazine's "World's Best Flavored Whiskey" twice for Brown Sugar Bourbon. "We are incredibly proud to have earned this prestigious global honor for the third time from the tasting panel at Whisky Magazine," said Justin Stiefel, CEO and co-founder of Heritage. "Cocoa Bomb Chocolate Whiskey's global flavor award
GIG HARBOR, Wash., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Company, Inc. ("HDC" or "Heritage") (NASDAQ:CASK), a leading craft distiller of innovative premium brands, announced its Cocoa Bomb Chocolate Whiskey was named "Best Flavored Whiskey" in the United States by Whisky Magazine at its regional World Whiskies Award. The whiskey will move forward to compete for Whisky Magazine's "World's Best Flavored Whiskey" later this winter. Previously, Heritage Distilling has twice won Best Flavored Whiskey in the United States and Best Flavored Whiskey in the World for Brown Sugar Bourbon. "We are incredibly proud that our Cocoa Bomb Chocolate Whiskey has received this prestigious ho
GIG HARBOR, Wash., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) ("HDC" or "Heritage" or the "Company"), a leading craft distiller of innovative premium brands, announced today the appointment of Eric S. Trevan, Ph.D., to its Board of Directors. Dr. Trevan is a seasoned expert in economics, research, governance, and business administration with more than two decades of experience growing economic opportunities in private industry and among the various Indian Tribes across the United States, emphasizing the use of AI and data to drive investment evaluations and opportunities. Dr. Trevan will also serve as Chairman of the Compensation Committee of
GIG HARBOR, Wash., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) ("HDC" or "Heritage" or the "Company"), a leading craft distiller of innovative premium brands, announced today the appointment of Eric S. Trevan, Ph.D., to its Board of Directors. Dr. Trevan is a seasoned expert in economics, research, governance, and business administration with more than two decades of experience growing economic opportunities in private industry and among the various Indian Tribes across the United States, emphasizing the use of AI and data to drive investment evaluations and opportunities. Dr. Trevan will also serve as Chairman of the Compensation Committee of
GIG HARBOR, Wash., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Heritage Distilling Holding Company, Inc. (NASDAQ:CASK) ("HDC" or "Heritage" or the "Company"), a leading craft distiller of innovative premium brands, announced today the appointment of Matt Swann to its Board of Directors, effective January 6, 2025. Mr. Swann is a seasoned technology, fintech and digital payments executive who brings to Heritage and the Board over 28 years of related experience, including a proven track record in product development and successful implementation of innovative solutions that drive growth and improve customer experiences. He will also serve as Chairman of the newly formed Technology and Cryptocurrency Co
GIG HARBOR, Wash., Dec. 31, 2024 (GLOBE NEWSWIRE) -- Heritage Distilling Company, Inc. (NASDAQ:CASK) ("HDC" or "Heritage" or "The Company,") a leading craft distiller of innovative premium brands, announced the appointment of Michael P. Carrosino as its Chief Financial Officer (CFO). A veteran finance executive with over 40 years' experience, Mr. Carrosino will be responsible for leading the Company's financial planning and operations, managing liquidity, directing capital planning and guiding capital market transactions to ensure Heritage is well positioned to execute its expansion strategy. Justin Stiefel, Chief Executive Officer of HDC, commented, "We are thrilled to have Michael join
GIG HARBOR, Wash., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Heritage Distilling Company, Inc. ("HDC" or "Heritage") (NASDAQ:CASK), a leading craft distiller of innovative premium brands, announced today two key appointments to its executive leadership and Board of Directors. These include Troy Alstead, a seasoned global executive and former COO of Starbucks Corporation, to its Board of Directors, and Andrew Varga, a leading spirits marketer and advertiser with more than four decades in the adult beverage industry, to lead Heritage's business development initiatives as a strategic consultant and Chief Revenue Officer, as well as to serve as a Director. Founded by Justin and Jennifer Stiefel a