This UK Brewery Is Selling Stock for Bitcoin

Founded in April 2007, BrewDog is currently soliciting crypto investments. The Bitcoin-friendly microbrewery is one of the fastest developing outfits in its industry in the UK.

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Celebrating the occasion, they’ve created a new beer called Cryptonite, according to a video published on their website.

According to the same video, the brewery has over 110,000 shareholders at present. You can legally buy shares in the company using cryptocurrency.

BrewDog created a crypto-themed beer called Cryptonite. | Source: BrewDog

Dubbed “Equity for Punks,” the current fundraising round will last until April next year.

Each share costs 25 GBP. At current prices, that means 1 BTC will buy you over 375 shares.

The company posts a warning on a page with information about the investment opportunity:

“Investments can go down as well as up and invested capital is at risk. Investors should only invest on the basis of information contained in the prospectus (including the full risk factors set out therein) issued by BrewDog plc which is available here. Financial promotion approved by SPNV Limited (FCA No. 610217).”

According to the same page, the company now has over 1,500 employees, having grown over the last decade from just two men.

Issuing shares with the support of Bitcoin is likely to become a common theme in the years to come. Shares can even be issued using blockchain technology, which makes it easier to swap and ultimately keep track of assets.

In their “culture deck,” BrewDog characterizes their arrangement as such:

“We are owned by thousands of people who love craft beer. They are our shareholders, our friends, our community and the heart and soul of our business.”

It’s hard to imagine a future stock exchange that won’t use the blockchain in some way, shape, or form.

Blockchain is particularly well-suited for the types of transactions that exchanges process, making the era of centralized exchanges undoubtedly temporary.

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