Upcoming Acquisition of Award Winning Southern Spirits Distillery Setting the Stage for High Octane Revenue Growth: Metavesco, Inc (Stock Symbol: MVCO)

- Web3 Enterprise and Digital Asset Innovator with Bitcoin Mining Operations at Hosted Facilities in KY and IA.

- Operates Boring Brew Subsidiary, a Specialty Coffee Company Utilizing Owned and Licensed NFT IP as Unique Packaging.

- Letter of Intent (LOI) to Acquire Striped Pig Distillery and Local Choice Spirits of Charleston, SC.

- New Distillery Capable of Producing 300 High Quality Bourbon Barrels Annually with 16 Product Skus Including Vodkas, Rums, Rins, Whiskeys and Tequila.

- Product Distribution in 20 States and Ecommerce Availability in Most.

- Incoming CEO "Pixie" Paula Dezzutti Recognized as a 2024 Top Influencer in SC, Listed by Forbes as "Top 50 Over 50" in 2023.

- Boring Brew Subsidiary Selected to Participate in Prestigious Made By ApeCoin Accelerator Program.

Metavesco (OTC: MVCO) is a web3 enterprise and digital asset innovator. MVCO has bitcoin mining operations at hosted facilities in KY and IA. Through its wholly owned subsidiary, MVCO operates Boring Brew, a specialty coffee company utilizing owned and licensed NFT IP as unique packaging. The MVCO mission is to drive growth through strategic investments in emerging technologies and established industries.

Letter of Intent to Acquire Striped Pig Distillery and Local Choice Spirits

On August 16th MVCO announced the execution of a non-binding Letter of Intent (LOI) to acquire Striped Pig Distillery and Local Choice Spirits of Charleston. Founded as one of South Carolina's oldest distilleries, Striped Pig Distillery has garnered multiple awards for its exceptional craft spirits. Local Choice Spirits has established a reputation for innovation and quality, solidifying its place in the market.

The two companies are led by visionary entrepreneur "Pixie" Paula Dezzutti. Pixie is recognized as a top influencer in SC in 2024, listed by Forbes as "Top 50 Over 50" in 2023, and recipient of the International Woman of the Year Award by the Atlanta Chamber of Commerce in 2022. She has been a prominent figure in the industry, not only for her business acumen but also for her contributions to the broader business community. Listed by INC 5000 as one of the fastest growing companies of the Southeast, and SC Top 50 Fastest Growing Businesses, Local Choice and Striped Pig have plans to unveil an event center for its patrons. Upon closing this transaction, Ms. Dezzutti will be appointed as Chief Executive Officer of MVCO.

Post acquisition, the businesses will operate as wholly owned subsidiaries of MVCO. Highlights of the combined businesses include:

Approximately 1000 barrels of aged bourbon, valued at over $18,000,000 retail.

16 active product skus including vodkas, rums, gins, whiskeys, and tequila.

Product distribution in 20 states and ecommerce availability in most.

Distillery capable of producing 300 high quality bourbon barrels annually.

World class management team with over 100 years combined industry experience.

Learn much more about the high potential of the MVCO Striped Pig Acquisition plans here: https://metavesco.com/mvco-striped-pig-deal/

MVCO CEO Ryan Schadel stated, "I'd like to say this was a tough decision since it means I'll be stepping down as CEO, but it wasn't a tough decision at all! Ms. Dezzutti's appointment as CEO will be a huge win for shareholders and she is poised to usher in a new era of innovation and growth. With a distinguished career that spans entrepreneurial success, industry recognition, and thought leadership, Pixie has consistently demonstrated an extraordinary ability to drive transformation and excellence. Her accolades, including her role as a featured panelist at the Atlanta Chamber of Commerce's seminar on NFTs, cryptocurrencies, and Blockchain 3.0, along with her Amazon best-selling book, Alphabet Soup, outlining her pioneering NFT Bourbon release, underscore her forward-thinking approach and deep industry insight. She's a force to be reckoned with and I believe Metavesco shareholders will be in good hands with her at the helm."

Incoming MVCO CEO Ms. Dezzutti stated, "Our team at Striped Pig Distillery and Local Choice Spirits has dedicated years to perfecting our craft, building a strong, regional brand of which we're incredibly proud. This acquisition is the perfect opportunity to expand our reach and bring award-winning spirits to a national audience. The multi trillion-dollar beverage business needs pioneers to lead the charge in a quickly paced changing landscape. I am excited to lead Metavesco into this new era of growth and innovation and am confident that together we will achieve extraordinary success."

MVCO Boring Brew Selected by Made by ApeCoin Accelerator Program

On June 27th MVCO announced that Boring Brew LLC, a member of its corporate family, was selected as one of the 30 businesses to participate in the prestigious Made By ApeCoin Accelerator Program. This remarkable achievement underscores the MVCO commitment to innovation and excellence in the specialty coffee industry.

The Made By ApeCoin Accelerator Program, funded by the ApeCoin DAO, is designed to provide financial support and resources to small businesses within the ApeCoin and Bored Ape Yacht Club (BAYC) communities. As part of this initiative, MVCO Boring Brew will receive up to 20,000 APE tokens in direct funding, along with additional opportunities for secondary funding and unique contributions through Thank Ape.

This milestone comes one year after MVCO acquired Boring Brew LLC, marking a significant step in our journey to elevate the brand and its products. Over the past year, Boring Brew has continued to set new standards in the coffee industry with the most innovative packaging available in the market, and this latest achievement is a testament to our unwavering dedication to excellence.

For more information about Boring Brew visit boringbrew [boringbrew.com].com. And $MVCO visit: www.metavesco [http://www.metavesco.com].com

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Media Contact
Company Name: Metavesco, Inc.
Contact Person: Ryan Schadel, CEO
Email: Send Email [http://www.universalpressrelease.com/?pr=upcoming-acquisition-of-award-winning-southern-spirits-distillery-setting-the-stage-for-high-octane-revenue-growth-metavesco-inc-stock-symbol-mvco]
Phone: (678) 341-5898
Country: United States
Website: http://www.metavesco.com



This release was published on openPR.