Robert Leshner, CEO and co-founder of the Superstate Tokenization Society, said that he had bought majority participation in the LQR House Cita Commerce Room Detailler (YHC)Providing to revise the besieged company.
Leshner bought a 56.9% control participation in the company for $ 2.03 million, according to a document deposited in the SEC. This decision sent LQR shares up to 45% when negotiating on Monday.
LQR House directs CWSPIRITS.COM, an online seller from a range of premium alcohol products. In November, the company kissed Bitcoin
As a treasury actor, approving a BTC allowance at $ 1 million and allowing cryptographic payments on its platform.
In an article on X, Leshner said that he had not made “in -depth diligence” on the company, which he described as having a “somewhat shady story”. The company’s share price has dropped more than 90% since March.
However, its intention is clear: a clean house and revise the business.
According to the SEC file, Leshner plans to remove all current administrators and install a new card to pursue “strategic alternatives” and “explore the strategic transactions potential”.
“There are signs that the company is not good,” said Leshner in his post. “I will settle them, but be extremely careful with all the companies with low capitalization.
“I can lose all my investment and you could also,” he added.
It was not immediately clear if Leshner had plans for digital assets in his recovery plans. However, the acquisition is part of a growing trend of important figures in crypto circles taking the lead in listed companies on the stock market.
Joseph Lubin, Ethereum
The co-founder and CEO of the Consensys Development Company, has become president of Sharplink Gaming (Sbet) When this company pivoted an ETH treasure strategy. Thomas Lee, research manager at Fundstrat and well -known commentator at Wall Street, joined Bitmin Immersion Technology Technology (BMNR) As a president to direct the plans of business cryptography.
Leshner was founder of early decentralized finance (Challenge) Composed of loan protocol
Before focusing on the tokenization of assets with superstate.
